Based on the study and analysis of scholars’ positions and legal provisions, this scientific article highlights the concept and features of state financial control in the sphere of budget funds circulation. The relevance of the chosen topic lies in the increasing importance of state financial control, as its effective application in managing state financial resources creates the necessary conditions for effective economic policy implementation. The article reveals such general concepts as state financial control in the circulation of budget funds, its features, tasks, functions, and forms. The aim of the author is to define state financial control in the sphere of budget funds circulation and to study its peculiarities. The work emphasizes that there is no definition of the basic category in the current legislation and among scholars, the diversity of doctrinal interpretations of the definition «state financial control» is striking, each highlighting separate features. Among scholars, there are different views on this issue, which can be grouped into several categories: state financial control as one type of financial control; specific managerial activity or system of certain actions; public sector institution of the economy. The research provides an author’s interpretation of state financial control in the sphere of budget funds circulation as a systematic activity of state authorities and specially authorized bodies aimed at ensuring the legality, rationality, and efficiency of budget funds circulation, oriented toward preventing, detecting, and stopping violations at the controlled object. The study considers and summarizes existing scientific views on the features of state financial control in the circulation of budget funds as a specific type of activity, including: defined subject composition of control bodies; list of subjects whose activities are subject to control; control object; control goal; control methods. Based on the analysis of the content of legislation and scientific works, the most important tasks, functions (analytical; informational; preventive; mobilizing; corrective; law enforcement; detection of deviations; analysis of causes of deviations), and forms of state financial control in the circulation of budget funds are analyzed, the most common classification of which is their division into preliminary (preventive), current (operative), and subsequent (retrospective).
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