INSTITUTIONAL SUPPORT OF PUBLIC FINANCES

Purpose. The purpose of the article is to study legal and organizational principles public finance management. Methodology research. To achieve this goal, following tools research methods were used: dialectical - determine initial conditions content finance; analytical when processing literary Internet sources; causal institutional support finances; abstract-logical generalize presented material draw conclusions. Findings. issues essence, structure peculiarities functioning finances in Ukraine are studied; units that ensure their formation control over use specified. considered, components determined order not only economic, but also social goals by state. Under finances, we understand a purposeful hierarchical system institutions form, use, redistribute funds sector. Thus, based on this, among are: state; executive, legislative judicial powers; VRU, CMU, central executive bodies, higher National Bank, Accounting Chamber; local councils, budgetary institutions, subjects state communal property; advisory bodies under President Ukraine, Cabinet Ministers Ukraine; scientific, professional (organizations) field finance. relevance related improving efficiency basis recommendations international organizations appropriate regulatory substantiated. For example, it was noted an action plan for respective years should be developed, which includes directions each area Strategy Reforming Public Finance Management System (in our opinion, public) specifies responsible particular financial accordance with current legislation, particular: external carried out committees Verkhovna Rada authorities bank (through specialized bodies) NBU; internal (performed heads audit main managers budget funds). requirements legislation openness spending opportunities free access information strengthen analyzed. composition problems formulated practical its evaluation provided, will allow increase Originality. scientific novelty lies separation according established criteria. Practical value. provisions form proposals can used monitor impact reform policy development finances. Key words: management; support; authorities; control.