THE INTERNATIONAL EXPERIENCE OF GREAT BRITAIN IN FINANCIAL MANAGEMENT OF PUBLIC SECTOR AND ITS POSSIBLE IMPLEMENTATION IN UKRAINE
Journal Title: Modern Science - Moderní věda - Year 2016, Vol 1, Issue 1
Abstract
The article deals with the International Experience of Great Britain in in financial management. The basic control authorities and their functions to ensure effective management system of budgetary funds formation and their use are determined. The financial basis of the following authorities is revealed. The analysis of the sources of budgetary funds formation and therefore targets for their appropriation is performed. The features of the political system construction are defined and tendencies of socio-economic development of the country in recent years are substantiated. The differences in the financial management system performed by supervisory authorities of Great Britain and Ukraine are revealed. Directions of financial management improvement involving the International Experience in our state are offered.
Authors and Affiliations
Nataliya Melnychuk
Keywords
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