Assessing the financial security of an enterprise based on the intellectual value added coefficient

The article analyses the effectiveness of intellectual capital and the possibility of including the intellectual value added coefficient (VAIC) in the financial security assessment system of an enterprise. Based on the analysis, the study aims to consider the possibility of including an intellectual value-added coefficient in the financial security assessment system, and to propose criteria for assessing the level of financial security based on VAIC. The hypothesis of the study is that the intellectual value added coefficient can be used as an additional indicator to assess the level of financial security of an enterprise, and that the classification of its values proposed by the authors can be applicable to enterprises in various sectors of the economy. The methodology is based on theoretical and empirical methods including the analysis of domestic and foreign literature, generalization, and synthesis. It also uses a computational and analytical method to determine VAIC, as well as an adapted methodology. Additionally, it employs a sample study of data from some companies in the real sector of the economy and financial services. Finally, it uses a comparative and structural analysis of indicators and a statistical and graphical method. an adapted methodology, a sample study of data some companies in the real sector of the economy and financial services, comparative and structural analysis of indicators, statistical and graphical method. This paper examines the features of determining the components of VAIC and the efficiency coefficient of physical, human, and structural capital. It also determines the algorithms for calculating these components in the Russian accounting system. VAIC and its elements were calculated for 40 Russian companies in the metallurgical, chemical, and energy industries, as well as for audit and consulting organizations. We carried out a structural analysis of VAIC elements, identified patterns for enterprises in the same industry and formulated intersectoral differences in the elements' structure. The universal criteria can be formed to assess the level of financial security according to VAIC. We determined the ranges of indicator values for high, medium, and low levels of financial security and formu-lated limitations and potential for further research, as well as the need for VAIC analysis in related economic sectors and possible adjustments to the proposed criteria. The practical significance of the study lies in developing an additional tool for assessing enterprise financial security and the possibility of applying the obtained results to evaluate company competitiveness and creditworthiness.