This paper considers the process of influence of digitalized management on the financial risks of industrial enterprises. An algorithm for determining the category of financial risks of industrial enterprises has been developed. Depending on the values of the coefficient of variation of deviations of financial ratios from the standards, five categories of financial risks have been distinguished – minimum, low permissible, critical, catastrophic. The categories of financial risks of industrial enterprises of the energy sector on the basis of liquidity indicators were determined. The indicators with the help of which it is possible to determine the level of digitalized management have been systematized. The parameters of low, medium, and high levels of digitalized management of industrial enterprises were substantiated. The relationship between the level of digitalized management of industrial enterprises and the categories of financial risks has been established. To assess the impact of digitalized management on the financial risks of industrial enterprises, a cross matrix "level of digitalized management – category of financial risk" is proposed. This has made it possible to justify the expediency of using three strategic directions of influence of digitalized management on the financial risks of industrial enterprises – the strategy of an innovator, follower, and observer. It has been established that while the innovator's strategy assumes the maximum, the observer's strategy is a minimum of effort and aims to actively use digital tools to manage this process. The practical use of the proposed directions of influence of digitalized management on the financial risks of industrial enterprises will provide an integrative combination of quantitative and qualitative results. In particular, achieving a stable financial condition of industrial enterprises in the context of digital transformation of the economy

Objective. To identify directions for the detenalisation of the national economy based on an analysis of the current state of the shadow sector in various countries. Methodology. The goal of the research is achieved by using general scientific and methodological techniques of economic science (analysis, synthesis, induction, deduction); economic and statistical methods (comparative analysis, grouping, factor analysis); economic and mathematical methods. Thus, with the help of analysis, the level of shadow economy is being assessed. The comparative method makes it possible to describe the main approaches to detenalisation in various countries. Grouping is needed to determine the size of the shadow economy by region of the world and by the level of development of countries. Result. The study reveals that, to date, there is no comprehensive approach at the global level to counteracting the shadow economy. Only individual manifestations of the shadow economy are combated, and measures are taken without regard to national specifics. This paper identifies and characterises the stages of the shadow economy. Measures aimed at reducing the shadow economy in the country have been presented. Scientific novelty. The necessity of improving the process of detenalization of the national economy has been substantiated. Practical relevance. The reduction of shadow activity will be facilitated by the optimization of tax legislation and the growth of the standard of living of the population. The study formed the priority measures to counteract the shadow economy.

The activities of each government should be aimed at ensuring decent living conditions and meeting the needs of the population. Taxation is one of the main tools for regulating economic relations between the state and economic entities and citizens. The article examines the economic factors that affect the processes of taxation of enterprises in Ukraine and European countries, the range of problems that taxpayers face when submitting reports to the regulatory authorities has been established. The article examines the problem related to the taxation of enterprises, with the process of submitting tax reports to regulatory authorities.. It is revealed that moderate taxation is typical for most countries today. This is the result of a tax policy whose priority is to achieve the goal of creating a stable economic growth, a favorable tax climate for the development of economic activities and effective solutions to social problems in the state. The article analyzes the features of the taxation system of enterprises in other countries, compares the results of recent research and publications in this area, which are offered by foreign and domestic experts. The main directions of the policy aimed at overcoming negative factors that hinder the development of enterprises are established, and ways of solving problems.