Abstract
Sustainable development is the key point for scientific discussion in the contemporary world especially after the UN General Assembly introduced the sustainable development goals (SDGs). This paper is focused on the control and accountability issues related to financing of sustainable development goals implementation. The fundamental changes in public policy inherently cause more expectations in the society about accountability and efficient control and audit in public finance. The comparative method with reference to international experience is predominantly applied in the research. The paper emphasizes that strategic audit with its forms and methods is the most relevant for sustainable development projects’ audit. Strategic audit should rely on the modern information technologies including the big data analysis. The increasing role of the Accounts Chamber of Russian Federation in the national goals and the SDGs achievement monitoring is highlighted in the article. The paper contributes both to the theoretical approaches to forms and methods of public audit and to the practitioners’ discussion around the best practices in public finance audit.
Highlights
The Russian Federation has joined the efforts to achieve the Sustainable Development Goals (SDGs) set up at the United Nations General Assembly by resolution A/70/L.1. on September 25, 2015
All links of the state control system are involved in the process of control over program expenses, both external control authorities and financial control authorities within the executive branch of government and at all levels of the budget system
An adequate control type in the form of strategic audit has been developed and enshrined in the law to control program expenses; strategic audit is among other things based on proven performance audit and compliance audit methods applied to indicative planning documents at different stages of their development and implementation
Summary
The Russian Federation has joined the efforts to achieve the Sustainable Development Goals (SDGs) set up at the United Nations General Assembly by resolution A/70/L.1. on September 25, 2015. The global fundamental changes in public audit[2] and public policy have given rise to a new context and new expectations about the operations of financial control authorities These changes include, among other things and in the first place, the adoption of the 2030 Agenda for Sustainable Development and the SDGs by all the United Nations member states, which implies an appropriate assessment and control level[3]. Public financial control authorities should develop a strategic approach to public audit in order to support the achievement of national priorities and the SDGs. To do that, it is necessary to develop and implement the methodologies for conducting a set of audits aimed at assessing the government ability to achieve the set goals; assessing the maturity of the strategic governance system (goal setting, aligning of strategies with national goals, feedback and due result-based control). Public financial control authorities can contribute to a more effective use of experimental knowledge by the society and widespread introduction of experimental approaches in the
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
