In most cases small business organizations insufficiently justify economic calculations for the formation of financial resources, which adversely affects their sustainable development.
Under the current circumstances, the need for sound financial management increases, which ensures a stable financial status of the organization and the prospects for increasing its value.
The aim of this paper is to identify the conditions for the dynamic financial management of small organizations based on a cognitive approach.
The proposed cognitive model allows establishing the mechanism of mutual influential factors of internal and external environment on the effective use of financial resources.
Using the proposed model, it is possible to forecast changes in financial results.peer-reviewe
