Authors: Natalya L. Nikulina, Cand. Sc. (Ec.), Sr. Research Fellow, Institute of Economics (Ural Branch of the Russian Academy of Sciences)

Anastasiya I. Sinenko, Postgraduateи Institute of Economics (Ural Branch of the Russian Academy of Sciences)

Abstract: In the article the concept of financial security of a region is investigated. Authors’ definition of this term is presented. The authors have developed methodical tools to diagnose financial security of a region, based on an indicative method and including budgetary, social, financial and production modules. The assessment of financial security of Sverdlovsk oblast is executed, and using its results the authors arrive at the conclusion whether the situation in this sphere is acceptable.

Keywords: Region’s financial security, internal and external threats, financial stability