The External State Financial Control over the Activities of the Executive Power - an Important Factor in the Protection of Society
Journal Title: Бізнес Інформ - Year 2016, Vol 2, Issue
Abstract
The article is concerned with studying the role of budget in the economic system of the State, increase in efficiency of using budgetary funds, and implementation of financial control. Nowadays, one observes changes in the nature of management of socio-economic development. These changes have involved the State finance system in all its major aspects, such as macroeconomic stabilization, strengthening of financial discipline, active investment activity by the State, openness of the financial markets, development of joint investment by business and the State. In this connection, establishing an effective system of control on the part of the State is going on. Of particular importance in this period becomes the State financial audit of activities by the executive power, as the form of control, which is recognized in the international practice.
Authors and Affiliations
Volodymyr Pikhotskiy
Keywords
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