Foreign experience in the implementation of state financial control in the sphere of capital construction

Abstract

This article is devoted to the peculiarities of the implementation of state financial control in the construction sphere by foreign control and accounting bodies. The article describes the main identified problems, their solutions and mechanisms for improving the controlled area. Key innovative tools used by control bodies are also disclosed. In the prism of the structure of control and accounting bodies, the issues of improving organizational work to rise the effectiveness of control are investigated. According to the results of the analysis, the main directions for improving SFC in Russia are proposed.

Keywords

• financial control
• foreign control and accounting bodies
• capital construction
• budget expenditures
• examination