Baltic Journal of Economic Studies (Nov 2016)
FINANCIAL AUDIT AS A PART OF STATE ADMINISTRATION IN UKRAINE: CONDITION AND PUBLIC NEED
Abstract
Economic development of countries leads to the need improving the quality of public administration, the results of which provide economic growth, social prosperity and are facilitating to solve global problems that are facing humanity. To improve the efficiency of public administration should be effective monitoring system that can detect deviations from the planned strategic development goals, unseemly level of its operation determines the target of work, which is to establish the condition of the state financial audit in Ukraine and the definition of new uncontrollable earlier objects which are managed the state apparatus, the identification of which will improve the functionality of the system of state financial audit in Ukraine. In order to achieve the goals you need to solve the following tasks. First, should set a condition of the state economic management in Ukraine and determine the public authorities, which are subjects to implementing control functions of public administration. Second, determine the resources that have the public interest and should be controlled by the state. Third, determine the composition of objects and install a condition of government auditing system in order to improve the efficiency of these next control measures of the Accounting Chamber of Ukraine and the State Audit Service of Ukraine. The methodological basis of the study is the dialectical method, which is to implement research of financial audit in public administration, its relationship with other forms of control exercised by the state; systematic analysis of financial and economic processes, which is carrying out researching of the state financial audit in the system of relations arising between economic entities of the public and private sectors; methods of retrospective and comparative analysis of experience within the objective focus in the organization of state financial audit on the territory of Ukraine; evaluation and generalization which consists of summarize the results and development proposals of improvement of financial audit system. Scientific results of the study is to establish the condition of the state management of economy of Ukraine, which needs reform, which will can ensure the growth of socio-economic development indicators. Determined the public authorities that are subjects to implementing control functions of public administration and the resources that have the public interest and should be controlled by the state. Besides were identified the composition of objects and established the condition of functioning state government auditing system, which helped determine the content of the concept of transformation of public audit, which unlike existing is accounted a full list of its facilities and is based on scientific principles of realization. Practical meaning. The lack of an effective and efficient system of public audit as a management function does not provide the growth of social and economic standards, deepens economic crisis, which is reflected in the reduction in real incomes and economic decline of the state as a whole. Determining the condition to calculate the required amount of public financial resources as an object of state financial audit is a key condition, which allows for a fresh look at the activities of bodies which are empowered to monitor compliance with financial discipline of economic entities in Ukraine. Value/originality. Received data to determine the condition of state financial audit and management, state audit objects, components of public finances and their confrontation in order to compare and identify differences in the volume under control and actual financial resources makes it possible to assess the working results of supreme audit institutions in Ukraine.
