Короткий опис(реферат):
The article synthesizes methodological approaches to assessing the financial
stability of universities, identifies ambiguity in the choice of evaluation indicators. Approaches to
understanding and assessing financial stability are identified: strategic, according to which financial
stability is achieved through the ability of universities to diversify revenues, expand their own sources
of funding, optimize costs, reduce dependence on public funding by making flexible financial
decisions; current, which characterizes the ability of universities to balance revenues and
expenditures, maintain a sufficient level of solvency and create a positive current financial space.
Conceptual tools of financial stability of universities based on an integrated approach are formulated.
The peculiarities of the influence of the sectoral aspect of the university activity and the
corresponding potential of income formation on its financial stability are investigated. The results of
the study are based on a sectoral approach to the distribution of universities (classical, technical,
and economic), due to the specifics of contingent formation in relevant specialties, public financing
priorities, their competitiveness in the market of educational services, the ability of universities to
diversify and expand their funding. The assessment of financial stability is carried out in terms of
the income approach, the ability of universities to generate income, cover costs and create a positive
financial space. Technical and classical universities have the highest share of public funding due to
priority specialties according to the government policy. Today the tuition fee at Ukrainian
universities is much lower compared to public funding, so the growing share of fee-paying students
does not have a positive effect on the financial stability of universities. According to the results of
the analysis, it was found that the net financial results of universities do not depend on the sectoral
and regional affiliation, status, size of the university. However, the ability to make effective
financial decisions within the autonomy of universities, balance income and expenditure, form a
sound financial structure, find additional sources of income to meet current and strategic financial
obligations of the university are the preconditions for financial stability of universities.
