CORPORATE FINANCIAL CONTROL: HISTORICAL CHALLENGES AND NEW REALITY

Abstract

The article reveals the main factors determining the requirements for the transformation of financial corporate control. Special attention is paid to the process of formation of new independent financial systems at the national level, the need for which arose at the present stage of geopolitical changes. In addition, there are negative consequences of the financialization of economic development and the spread of the shadow economy, which turned out to be beyond the financial control. Therefore, the development of financial control, especially in its corporate part, which meets the challenges of the shadow economy and financialization in the new reality, requires its transformation into an immanent component of financial relations. The potential for the establishment of universality of financial control, previously absent in economic activity, is currently due to the digitalization of the national economy.