Currently, the issues of improving the financial planning system, which is the main functional element of financial management, are widely studied all over the world. In particular, in the context of a global pandemic, targeted research is being conducted on the formation of a financial planning system capable of quickly adapting to changing conditions in foreign markets and its perfect model in combination with strategic plans. Also, one of the main functional elements of financial management is focused on improving the organizational architecture of financial diagnostics, which embodies a wide range of indicators for a comprehensive assessment of financial and economic activities of companies.

The article proposes a practical approach to systematically assessing the financial condition of financially distressed enterprises and guiding their sustainable development. The study builds a diagnostic model based on indicators such as liquidity, solvency, financial stability, operating profitability, and return on assets. To evaluate bankruptcy risk, the author recommends using an interlinked trio of the pro forma balance sheet, cash-flow budget, and budgeted income statement, alongside a review of pricing and partnership arrangements, cost optimization, and reconfiguration of current assets by turnover speed and recoverability. The findings provide a methodological basis for promptly initiating financial rehabilitation in distressed firms and achieving long-term competitiveness.

This article examines the practical role of mahalla institutions in promoting employment, evaluates the effectiveness of existing organizational and institutional mechanisms, and substantiates the need for their improvement. The survey conducted at the mahalla level reveals that employment remains insufficiently prioritized among the main areas of mahalla activity, and current initiatives lack systematization. Within the study, an integrated institutional–organizational mechanism was developed to strengthen the functions of mahalla institutions across diagnostics, vocational training, support for self-employment initiatives, mobilization of financial resources, and monitoring. The proposed mechanism is aimed at enhancing the institutional capacity of mahalla governance in employment promotion, supporting household-based entrepreneurship, and revitalizing local labor markets.