Making transparency of financial streams in the system of state financial control

Gavryushenko Anna Pavlovna

To study the criteria for financial transparency in the financial control system. Research methods: analysis, synthesis, comparison, generalization, identification of signs, features and properties of phenomena. Research results: the concept of “financial transparency” in general and in the system of financial control is defined, in particular, from the standpoint of international principles, national legislation in the field of financial control and financial and legal doctrine. It is concluded that it is necessary to supplement the criteria for collecting information to ensure the effectiveness of the activities of federal executive bodies (hereinafter - the federal executive authority) with the following criteria: time factor, disclosure of incoming and outgoing information that is not a secret and expansion of controlled entities. The proposed improvement of the state financial control system in terms of ensuring its transparency for all participants in financial relations will increase the return on the use of budget investments, social efficiency, provide relevant information not only to supervisory authorities, but all interested parties, including potential investors, will increase the level of anti-corruption in the field of procurement.

Keywords:financial monitoring, supervision, financial transparency, financial control