AREAS OF IMPROVEMENT OF FINANCIAL CONTROL IN TREASURY OF UKRAINE

The article investigates the problems of organization of state financial control in Ukraine and the development of measures to improve its efficiency. It is shown that the Treasury's competence in the field of financial control extends to the use of the local authorities and budgetary organizations. The reasons causing the imperfection of the state control system in Ukraine are determined, namely the lack of a coherent system of financial control; unified information and methodological control framework; effective control over the spending of budget funds, the use of state and municipal property, proper responsibility for the improper and inefficient use of funds; outdated, inadequate and inconsistent regulatory framework for the various entities of state financial control. It is proved that the increase in the efficiency of financial control in the Treasury system should include the elimination of inconsistencies and illogic of its regulatory framework, to ensure «convenience» checks. It is shown that the improvement of financial control in the Treasury system should be based on the need to improve the methodological and organizational and legal framework of the current control over the use of budgetary funds by local authorities and budgetary institutions, and the development of comprehensive measures to prevent abuses in the public sector. Improving the financial control in the Treasury system should include the implementation of a set of measures, namely, improvement of the legal framework of financial control in the establishment of unified standards for all subjects of state control and a clear separation of its powers; increase coordination of the Treasury with other subjects of the state financial control, including through the establishment of a unified information system for the offenses; the expansion of the Treasury authority independent of the executive power; develop a clear state policy in respect of offenses under misuse of funds and clarify the responsibility of officials for violations at the disposal of budgetary funds; increasing the professionalism of the expense of their quality training (retraining); development of material and technical base of the Treasury through the introduction of modern information technologies.