Authorization of transactions with special-purpose funds as a method of financial control in public sector at the federal, regional and municipal levels

Санкционирование операций с целевыми средствами как метод финансового контроля в бюджетной сфере на федеральном, региональном и муниципальном уровнях

Anisimov, Andrey (Анисимов, Андрей) () and Kalimullina, Gulnaz (Калимуллина, Гульназ) ()
Additional contact information
Anisimov, Andrey (Анисимов, Андрей): Ural State University of Economics
Kalimullina, Gulnaz (Калимуллина, Гульназ): Ural State University of Economics

Munitsipalitet: ekonomika i upravlenie / Municipality: Economics and Management, 2020, 90-99

Abstract: The aim of this research is to study the authorization of operations with special-purpose funds as a method of financial control in public sector at the federal, regional and municipal levels. As is noted the authorization of such operations involves the issuance of permitting notice for financial transactions in the treasury after checking the documents for their availability and compliance of the transmitted information with the requirements of fiscal legislation of the Russian Federation and other normative acts regulating legal relations in public sector. The article characterizes the authorization of transactions with special-purpose funds. The list of participants involved in this procedure and its main stages are determined. The authors give recommendations to improve the quality of control over targeted subsidies. Normative specifics of the regulating these operations with information constituting a state secret are revealed. The authors make a point that authorization of expenditures of the state-funded organizations involves establishment and adjustment of limits on responsibilities, control and accounting of their adoption. The cash servicing procedure for federal budget, budgets of the constituent entities of the Russian Federation and local budgets and the procedure for the Federal Treasury territorial bodies to perform certain functions of financial bodies of the constituent entities of the Russian Federation, and municipalities for executing the respective budgets are based on the provisions of the Budget Code of the Russian Federation. However, authorization of transactions with special-purpose funds in public sector can face certain difficulties. To fill this gap, the authors offer recommendations for improving the process of authorization of transactions with special-purpose funds as a method of financial control in public sector at the federal, regional and municipal levels.

Keywords: Federal Treasury; authorization; special-purpose funds; targeted subsidies; public sector; financial control (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/mncplt/m20208.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:mncplt:m20208

Ordering information: This journal article can be ordered from
https://municipality.expert

Access Statistics for this article

Munitsipalitet: ekonomika i upravlenie / Municipality: Economics and Management is currently edited by Igor Vydrin

More articles in Munitsipalitet: ekonomika i upravlenie / Municipality: Economics and Management from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().