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In the present-day business environment, the impact of financial risks on the efficiency and performance of the organization's financial security system as well as on its financial security level becomes increasingly important. The issues related to the approaches and methods of financial risk assessment, designed to prevent the negative consequences were addressed in the works of Russian and foreign scientists. However, certain schemes, algorithms, methods, models and, approaches to the analysis and assessment of financial risks still remain to be poorly developed. In this view, there is emerging need for the development of a mechanism which would allow assessing the existing financial risks based on the available information sources. The above-mentioned factors render the topic of the current work highly relevant.In the present work we define in detail the concept of financial risks and provide the classification of financial risks. The approaches and methods currently used to assess financial risks are analyzed. We report further the development of the integrated matrix assessment method to estimate the risks of financial equilibrium disturbance. We highlight the potential advantages and drawbacks of this method, describe the key steps in the development and implementation of the discussed matrix method, and justify the choice of the indicator system on which the method is based.The practical relevance of the work is determined by the versatility of the proposed matrix diagnostic analysis method which may be used both in financial risk management to forecast financial insolvency and assess the risk of bankruptcy and in audit to provide support for the continuity assumption when carrying out the analytical review procedures.The results of the work were applied to 15 vine producers in the Krasnodar Krai. A more close analysis is provided for Lefkadia LLC. Keywords-risk; financial risks; method for the analysis of financial risks; matrix; system of indicators; matrix methodI.

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This paper represents the redesigned language and communication program for bachelor students at the Institute "Graduate School of Management", Saint Petersburg Petersburg University that stemmed from the research of the school stakeholders' needs. The research of the school stakeholders' needs specified the skills that help to formulate new skills agenda. The comparative analysis of learning goals and procedures of two language and communication program typestopic-based (previous program type) and skills-based (present program type)-revealed that skills-based type is more advantageous to respond to the students' academic and professional needs as it helps to develop their competencies in a more practical and integrated way. The analysis predetermines the modification of the language and communication program. The paper provides an opportunity to advance the understanding of perspectives in language and communication program development.

The article deals with the concept of dividend policy and the basic theories of dividend policy that have developed during the existence of joint-stock companies as an organizational and legal form. The main types of dividend policy are also defined. Despite the broad theoretical basis, in the conditions of Russian business dividend policy is not considered as an effective tool in the management of the capital of the organization. In practice, when choosing a dividend policy, insufficient attention is paid to its features disclosed in dividend policy studies. In this regard, the need to develop a unified approach to assessing the effectiveness of the dividend policy of commercial organizations is identified. In this regard, a methodology for assessing the effectiveness of the dividend policy of the organization, which includes three stages, is proposed. At the first stage, the type of dividend policy is determined. At the second stage, the effectiveness of the dividend policy of the organization is evaluated, the results of which reveal its shortcomings, a decision is made on the need to adjust the dividend policy. At the third stage, the optimal amount of dividend payments is determined. The methodology was tested on the example of JSC «Kubanenergo». Based on the results of the evaluation, it was proposed to change the type of dividend policy taking into account the interests of the organization and shareholders.