Financial control in Ukraine: essence, its constituents and tasks

Abstract

Introduction. The article examines the essence of state financial control, its role in the development of Ukraine as a state, features and elements of the control system. The purpose of the article is to deepen the fundamental principles of increasing the effectiveness of state financial control in Ukraine. Results. State financial control is considered, which is a set of purposeful law enforcement, cost-effectiveness, efficiency and effectiveness measures aimed at increasing the efficiency of the use of state financial resources and creating the basis for optimizing budget policy. In addition, financial control is a logically constructed, scientifically correct and scientifically defined function of state control for providing quality information in the management of state funds and making decisions regarding the socio-economic development of the country, which ensure the implementation of socio-economic development. Conclusion. The deficit of supply in the field of state financial control is characterized by the lack of views and principles of the main provisions, as well as the existing contradiction in individual laws. Therefore it is necessary to systematize and consolidate a single regulatory and legal document that includes the main elements of the system, including informational, organizational and methodological support and accountability of law enforcement and control organizations. World trends indicate that the State Audit Service of Ukraine plays a special role in the field of control over state funds.

Keywords

• state financial control
• state audit service of ukraine
• audit
• control
• management of financial resources