The review summarizes the data of Russian and foreign studies on the psychophysiological parameters of the Stroop task execution. In addition, the article considers the main modifications of the task and similar paradigms as well as the key hypotheses explaining the causes of the interference effect and the increase in reaction time to stimuli containing conflicting information. Further, the paper presents data on eventrelated potential (ERP) waves, which are supposed to reflect cognitive control processes, such as conflict detection, overcoming of interference and conflict resolution. The frontocentral N2 wave characterizes the processes of conflict detection and overcoming of interference, and its main neural generator is the anterior cingulate cortex. The N450 wave is primarily generated in the anterior cingulate cortex and prefrontal cortex and is thought to reflect interference suppression. The centroparietal P300 wave and the late positive complex, which appears to be generated in the middle or inferior frontal gyrus and in the extrastriate cortex, are associated with the conflict resolution process. The readiness potential is, supposedly, generated in the motor cortex and reflects the process of selecting and preparing a motor response. Moreover, the review presents the main directions of studies that use the Stroop test paradigm and its modifications. Despite a significant number of existing psychophysical and neurophysiological papers, the question of the brain mechanisms of cognitive control in tasks that cause cognitive conflict remains open, and the neuropsychological role of the ERP waves recorded in such tasks is still not fully explored. Studies into the influence of different types of competing information and the degree of conflict on the psychophysiological indicators in the Stroop task are of considerable interest.