Formation of the public financial control system

Abstract

In order to carry out a single public financial policy effectively, financial organs of the state power should function as a system, as only a systematic approach allows to make financial control an unalienable part of social and economic life of society, to analyze and take account of all significant factors influencing the economic development of the state, professionally assess and predict the consequences of the decisions made related to the financial and material sphere. The systematic approach to the public financial control provides, in the first place, for the search of the ways of constructional interaction of controlling bodies of different levels, legislative ensuring of their organization and functioning, a single methodology of common activity, creation of a single information space.