METHODOLOGICAL APPROACH TO FINANCIAL RISK MANAGEMENT OF ECONOMIC ENTITIES
The author defines the role and importance of financial risk management of the economic entity, in accordance with the intended purpose of financial manage-ment. The author suggests the algorithm of financial risk management of the economic entity characterized by the use of special approaches to the management of foreign exchange, interest rate risks and liquidity risks.
Keywords: financial risk, currency risk, interest rate risk, liquidity risk, financial risk management.
Catherine G. Shatkovskaya, Doctor of Economics, Associate Professor, Head of Accounting and Audit Department. - Ural State Mining University; Nadia S. Piontkevich, Candidate of Economics, Associate Professor. - Ural State Eco-nomic University.