Organisation of Internal Controls and Financial Audits in the Public Sector Organisations

The purpose of the study is to analyze problems associated with way internal control and financial auditing are organised in budgetary public sector organisations. authors show that control, as a process interrelated actions, ensures risk reduction course achieving desired results institution’s activities. level assessed during activities carried out through Federal Treasury State (municipal) audit. article describes procedure for development Regulations on Control; reflects main distinguishing features audit; classification violations (risks) budget (accounting) accounting reporting has been formed, well drawing up an audit opinion. shows order quickly find problem areas make management decisions based identified factors, it necessary strengthen electronic SMART (controlling), finances, and, accordingly, conduct comprehensive scientific research promising areas. Methods systematisation, comparison, grouping information were used preparation writing article. practical significance lies application conclusions proposals made improve audit, which will allow interested users obtain more reliable understandable it. intended wide range readers, undergraduate graduate students dealing control.