Information and analytical rationale for the implementation of internal financial control in the public sector
Authors
Maxim V. Lozovoy
Central Russian Institute of Management - branch of Russian Presidential Academy of National Economy and Public Administration
Автор
Natalya V. Parushina
Central Russian Institute of Management - branch of Russian Presidential Academy of National Economy and Public Administration
Автор
budget,
public procurement,
internal financial audit,
control measure,
subordinate institutions,
financial risks,
damage
Abstract
The article substantiates the relevance of using information and analytical data for assessing and planning control checks by external control structures and internal financial control. An assessment was made of the identified violations in the financial sector in recent years and a conclusion was made about the growth of violations in the budget system, accounting and reporting, and procurement. A sample of financial inspections at the level of external control by type of organization showed that the number of inspections is optimal and allows one to achieve its maximum effect when building a predictive model of financial control.
