scholarly journals Functional contradictions in the financial control system

2021 ◽  
pp. 16-25
Author(s):  
Beslan Mukhamedovich Khokonov
Keyword(s):  
Control System ◽  
Control Function ◽  
Digital Economy ◽  
Financial Control ◽  
Practical Implementation ◽  
Priority Vector ◽  
Initial Control ◽  
The Subject ◽  
And Storage ◽  
Automatic Collection

The subject of this research is the functional contradictions of financial control that have developed between its key systemic goal and organizational forms of practical implementation. Currently, the management and organization of financial control do not correspond to the content of the control function of finance, the generally accepted interpretation of which is the orientation towards optimization of cost proportions of reproduction. In terms of formal all-encompassing systematicity of financial control, the dynamics of these cost proportions is not allocated by the existing organizational schemes, which is particularly evident in the unfolding processes of financialization of the economy. Such functional incompatibility is systemic in nature, and substantiates the need for fundamental changes in the content of financial control, which would ensure the return of finances to their initial control function. The goal of this research lies in outlining the priority vector of transformation of financial control. The results and scientific novelty of this work are presented in interpretation of the new content of financial control through integration with the formation of the fundamentals of digital economy, priority development of such cross-cutting technology as the distributed public registry blockchain. In conclusion, the author justifies the need of turning financial control into the internal immanent component of financial relations on the rigid background technology with automatic collection processes, recovery, analysis and storage of data.

scholarly journals Financial control between Rashidun Caliphs and the late 11th century

Khatulistiwa ◽  
2019 ◽  
Vol 9 (1) ◽  
pp. 43
Author(s):  
Bassem Mohammad Ismail
Keyword(s):  
Control System ◽  
Historical Development ◽  
Point Of View ◽  
Self Control ◽  
Financial Control ◽  
Islamic State ◽  
Historical Evidence ◽  
Efficiency And Effectiveness ◽  
The Subject ◽  
Descriptive Approach

Many modern concepts of financial control and its types that are now adopted have already existed in the Islamic state from Prophet Muhammad message through the Rashidun Caliphs and then the Umayyad and Abbasid through establishing Baitul Mal. This article try to investigate the concept of financial control and types in Islam and the historical development of financial control in Islam. Also clarify the principles of financial control in Islam. The research based on the descriptive approach through the use of scientific studies which dealt with the subject of research, in addition to the historical approach through the use of historical evidence in the way enhancing the opinions presented by the research in the rooting of its themes from the Islamic point of view. This paper give an attention to the behavioral principle and self-control of individuals when working in different areas of life in general and financial in particular, as they have direct causes of increased efficiency and effectiveness financial control system.

scholarly journals RЕFORM OF THE SYSTEM OF FINANCIAL CONTROL OVER THE EXECUTION OF LOCAL BUDGETS

2020 ◽  
pp. 63-71
Author(s):  
N. Vyhovska ◽  
S. Diachek
Keyword(s):  
Control System ◽  
Local Governments ◽  
Process Management ◽  
Local Level ◽  
Information Support ◽  
Financial Control ◽  
Practical Implementation ◽  
Budget Process ◽  
Stage Of Development ◽  
Public Monitoring

The article defines, the need to improve the system of public financial control at the regional level is due to the concentration of financial and material resources of a particular area for more efficient use. Definitely at the current stage of development of financial control, scientists pay much attention to providing recommendations for reforming financial control over the implementation of local budgets, but they are diverse, which complicates the comprehensive improvement of the system of financial control over the implementation of local budgets. The need to increase the efficiency of the system of financial control over the implementation of local budgets in Ukraine, the need to revise many theoretical and practical provisions requires research and development of scientifically sound recommendations for further development of the control system at the local level. The purpose of the article is to identify problems of inefficiency of the state financial control of local budgets, develop directions for its reform in the context of organizational, regulatory, methodological support and justify the need for public monitoring in the budget process as a tool for civil society and local authorities. The methodological basis of the study are general philosophical and general scientific methods of cognition of phenomena and processes in the system of financial control. In the process of studying the theoretical aspects of control, a systematic approach was used to form a system of financial control over the implementation of local budgets.The directions of reforming the system of financial control over the implementation of local budgets in terms of elements of the support subsystem of the financial control system are proposed, namely: improvement of regulatory, organizational, personnel, methodological and information support. The practical implementation of the proposed measures will improve the quality of budget process management, the formation and development of the system of municipal financial control, increase the efficiency and effectiveness of local governments and other participants in the budget process.

scholarly journals FINANCIAL CONTROL BETWEEN RASHIDUN CALIPHS AND THE LATE 11TH CENTURY

2019 ◽  
Vol 4 (2) ◽  
pp. 127
Author(s):  
BASSEM ISMAIL ◽  
HAMIDAH HAMIDAH
Keyword(s):  
Control System ◽  
Historical Development ◽  
Point Of View ◽  
Self Control ◽  
Financial Control ◽  
Islamic State ◽  
Historical Evidence ◽  
Efficiency And Effectiveness ◽  
The Subject ◽  
Descriptive Approach

Many modern concepts of financial control and its types that are now adopted have already existed in the Islamic state from Prophet Muhammad message through the Rashidun Caliphs and then the Umayyad and Abbasid through establishing Baitul Mal. This article try to investigate the concept of financial control and types in Islam and the historical development of financial control in Islam. Also clarify the principles of financial control in Islam. The research based on the descriptive approach through the use of scientific studies which dealt with the subject of research, in addition to the historical approach through the use of historical evidence in the way enhancing the opinions presented by the research in the rooting of its themes from the Islamic point of view. This paper give an attention to the behavioral principle and self-control of individuals when working in different areas of life in general and financial in particular, as they have direct causes of increased efficiency and effectiveness financial control system (FCS).

Assessment of the Efficiency of Tax Authorities In the Time of the Economy Digitalization

2018 ◽  
Vol 11 (2) ◽  
pp. 149-154
Author(s):  
E. E. Smirnova
Keyword(s):  
Control Function ◽  
Control Policy ◽  
Digital Economy ◽  
Service Function ◽  
Control Functions ◽  
The Subject ◽  
Definition Of ◽  
And Control ◽  
Control Implementation

The paper examines current aspects of the tax control policy ensuring timely and full budget gains during the transition to the digital economy. The subject of the research is managerial and tax relations under the economy digitalization conditions. The objectives of the research are the definition of targets for improving the efficiency of the service and control functions of tax authorities and determining the specifics of choosing indicators for the digitalization of the economy. The paper analyzes the efficiency of tax authorities by two criteria: the quality of providing the state services and the quality of the tax control implementation. It is concluded that the transformation of the activities of tax authorities in the digital economy with a shift from the exclusively control function tawards the emphasis on the service function requires a change in the tax employees motivation system and a higher degree of automation of their work.

Construction and the Process of Implementing the Management Control System in a Local Self-Government Unit – a Practical Approach

2016 ◽  
Vol 11 (1) ◽  
pp. 73-83
Author(s):  
Anna Bartoszewicz
Keyword(s):  
Control System ◽  
Management Control ◽  
Practical Approach ◽  
Financial Control ◽  
Critical Approach ◽  
Management Control System ◽  
The Public ◽  
The Subject ◽  
And Performance ◽  
District Offices

Since 1 January 2010, management control has been functioning in the units of the public finance sector as it has replaced the previously applied financial control. The assumption of management control was to support the achievement of the objectives and performance of tasks carried out by public entities in Poland and consequently to facilitate the process of managing them. As practice shows, some entities have failed to develop an adequate system of action that would allow making a good use of this tool. Thus, the purpose of this article is to present a practical approach to the deployment and implementation of a management control system in a local government unit and indicate substantive gaps that remain. The article presents an exemplary solution of the deployment and implementation of a management control system operating in one of the district offices in Poland. The article also presents implications resulting from the functioning of this system and gives a critical approach to the subject matter, pointing out shortcomings in the functioning of management control in a public entity.

scholarly journals THEORETICAL PRINCIPLES OF THE FUNCTIONING OF THE STATE FINANCIAL CONTROL SYSTEM

2018 ◽  
pp. 134-139
Author(s):  
Andriana Belia
Keyword(s):  
Control System ◽  
Financial Institution ◽  
The State ◽  
Actual State ◽  
Financial Control ◽  
Study Results ◽  
The Subject ◽  
Limiting Parameters ◽  
State Of Affairs ◽  
Theoretical Foundations

Introduction. The article focuses on the achievements of domestic scholars who have been considering the theoretical foundations of the functioning of the system of state financial control in Ukraine. Purpose. The article aims to analyse and systematize the theoretical foundations of the functioning of the state financial control system. Method (methodology). To achieve the goal of the article, the following tasks have been identified: to investigate the categorical apparatus of the concept of "financial control" (to consider the essence of this category); to analyse the term "state financial control" on the basis of the views of domestic scientists; to investigate the functions of state financial control as an economic category. The object of the research is the functioning of the system of state financial control. The theoretical and practical approaches to the application of the system of state financial control in Ukraine are the subject of the study. Results. The strengthening of the financial position of the state, economic growth by monitoring the achievement of target benchmarks and verification of compliance with the limiting parameters of financial and economic development have been promoted in the research. It has been determined the essence of the state financial institution. Among the main points we can distinguish the establishment of the actual state of affairs and its comply with the requirements of the current legislation as the object of control over the lawfulness; financial discipline and rationality during the formation, distribution, ownership, use and alienation of the subject of control. It means that the assets belong to the state, as well as the use of funds remaining in the subject of financial relations in connection with the privileges granted for payments to the budgets, state off-budget funds and loans, which are received under state guarantees.

scholarly journals STRUCTURE OF TASKS FOR THE DEVELOPMENT OF THE FOREST COMPLEX IN THE DIGITAL ECONOMY

2021 ◽  
Vol 9 (1) ◽  
pp. 87-95
Author(s):  
A. Shevchenko
Keyword(s):  
Rural Areas ◽  
Digital Economy ◽  
Practical Implementation ◽  
Forest Sector ◽  
Russian Regions ◽  
General Scientific ◽  
The Subject ◽  
Business Structures ◽  
Practical Recommendations

Insufficient knowledge of the state of development of the forest sector and rural areas of the Russian regions determined the focus of this study. The subject of the study is the prospects for the development of the forest sector and rural areas in the digital economy. The goals were to develop theoretical provisions and practical recommendations for improving interaction. In the course of the study, methodological approaches of general scientific and special nature were used. The study resulted in the following conclusions: currently, there are no unambiguous and clearly formulated answers to the directions of joint development of the forest sector and rural areas of the Russian regions in the digital economy. A multisectoral approach is required to the digitalization of the forest sector and rural territories of the Russian regions and targeted actions of state bodies, business structures, population development potential of the forest sector and rural areas, and in previously adopted program needs to be amended. A new system of scientific support for the development of the forest sector and rural areas of the Russian regions is required, as well as an immediate transition to intensive multi-purpose forest management. Practical implementation of the proposed measures for cooperation in the development of the forest complex and rural areas of the Russian regions will contribute to improving the quality of life in rural areas.

scholarly journals A pneumatic semi-active seat suspension

Mechanik ◽  
2017 ◽  
Vol 90 (2) ◽  
pp. 114-117
Author(s):  
Piotr Woś ◽  
Ryszard Dindorf
Keyword(s):  
Control System ◽  
Force Control ◽  
Control Function ◽  
Supply System ◽  
Suspension System ◽  
Practical Implementation ◽  
Air Spring ◽  
Output Control ◽  
Seat Suspension ◽  
Force Control System

Presented are issues related to improvement of the vibration isolating properties of semi-active seat suspension. It shows the practical implementation of the force control system for pneumatic spring which was mounted in mass-produced seat suspension. Output control function for pressure valve of pneumatic supply system was proposed. The developed solution allowed to carry out the research of air spring applied to a semi-active suspension system.

scholarly journals DIGITAL TRANSFORMATION OF EXPORT-ORIENTED ECONOMY OF RUSSIA

2019 ◽  
pp. 124-133 ◽  
Author(s):  
P. Tereliansky
Keyword(s):  
Digital Economy ◽  
Digital Transformation ◽  
The Subject ◽  
The Creation ◽  
And Storage ◽  
Domestic Companies ◽  
Total Sales

The subject of the study of this article are the statistics on the volume of sales of four hundred leading Russian companies, consolidated by media holdings «Expert» and «RosBusinessConsulting». The process of transformation of the export-oriented economy of Russia into a digital economy is proposed to indirectly assess the volume of sales of leading domestic companies. The author supposes, that the increase in the share of sales of IT-oriented industries in the total volume of leading domestic companies reflect the process of digitalization of the economy. The results of the study show that 31,8 % of the total sales of the 10 largest companies in Russia can be attributed to the digital economy, which allows us to declare a steady movement towards the transformation of the economy, which is based on the processes associated with the creation, transformation, transfer and storage of intangible digital entities.

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