The improvement of financial policy as an instrument of ensuring economic security of the organization

The relevance of the study is to develop the financial policy of economic entities, taking into account the peculiarities of its functioning. The article describes the role and importance of financial policy formation in the financial management system of the organization in the context of simultaneous compliance with the trends of expanded reproduction, provision of sufficient funds with the optimal value of liquidity and solvency. Requirements, and component causing development, and also stages, tools and mechanisms of implementation of effective and rational financial policy of the organization are considered. The paper presents the author’s development of methods for assessing the effectiveness of the implemented financial policy of the organization, as well as the classification of the system of factors affecting the formation of financial policy. The developed model of financial policy makes it possible to compare the existing system of financial management at the micro level, as well as the degree of its effectiveness and rationality, in the context of object-by-object (composite financial policy) and retrospective-perspective (certain specific periods of time) research.