Abstract
The article investigates the theoretical and methodological aspects of the use of risk management tools in the system of public financial control. It is proved that in modern conditions of reforming the approaches of public administration and administration the system of public financial control requires the creation on the basis of existing, including foreign experience, financial control mechanism, which will achieve the results in the formation and implementation of budgets. states. The urgency of the organization of financial control in the public finance system allows us to consider financial control as one of the most important elements of public reform in the country. It is substantiated that for the optimal use of financial, material and labor resources involved in the implementation of public financial control, as well as improving performance, regulatory authorities in organizing certain types of public financial control use a risk-based approach, which is to identify "risk areas" in activities of subjects of budget law. It is noted that the introduction of risk management in the implementation of state control in Ukraine should pursue such a goal as improving the effectiveness of control and audit activities. Improving the effectiveness of control, it is advisable to organize and exchange information about the results of control measures at all levels, which will also create conditions for mutual recognition of control results of each other's control activities and reduce resource costs for control activities. Aspects of influence of the state financial control on budgetary risk are defined. The COSO Enterprise Risk Model is considered and the characteristics of its components are given, namely: the component of the COSO Enterprise Risk Model "risk identification" and the component of the COSO Enterprise Risk Model "risk assessment". The method of application of the modified PEST-analysis in risk management in the system of the state financial control and the modified matrix of the SWOT-analysis for the purposes of risk management is resulted. A budget risk management card and its components have been compiled and characterized.
Highlights
Head of the Internal Audit Department, Assistant of the Department of Management Accounting, Business Analytics and Statistics, University of the State Fiscal Service of Ukraine ORCID ID: 0000-0002-3249-7096
It is proved that in modern conditions of reforming the approaches of public administration and administration the system of public financial control requires the creation on the basis of existing, including foreign experience, financial control mechanism, which will achieve the results in the formation and implementation of budgets. states
For the optimal use of financial, material and labor resources involved in the implementation of public financial control, as well as improving performance, regulatory authorities in organizing certain types of public financial control use a risk-oriented approach, which is to identify "risk areas" in the activities of sub ' budget law
Summary
Визначено аспекти впливу державного фінансового контролю на бюджетний ризик. Наведено методику застосування модифікованого PEST-аналізу в управлінні ризиками в системі державного фінансового контролю та модифікованої матриці SWOT-аналізу в цілях управління ризиками. For the optimal use of financial, material and labor resources involved in the implementation of public financial control, as well as improving performance, regulatory authorities in organizing certain types of public financial control use a risk-oriented approach, which is to identify "risk areas" in the activities of sub ' budget law. The formed model of the state financial control should provide at all levels of budgetary system timely detection of risks of commission of violations of the legislation and their elimination, and maintenance of effective management of budgetary risks For this purpose, an effective exchange of information on the results of control of risks identified in the financial and budgetary sphere, as well as on the measures taken to minimize them should be organized. Criteria of influence period tools result active preventive mechanism of influence, laws, methods prevention and minimization of budget risks adaptive conservative risk-taking at the time of the risk event monitoring neutralization, minimization elimination of budget risks, minimization of negative consequences coverage of costs and losses
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