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Improving the efficiency of municipal management of the united territorial communities in the context of new regulatory requirements

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.56, No. 2)

Publication Date:

Authors : ;

Page : 30-37

Keywords : the local authorities; utilities sector; supervisory board; internal control; audit;

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Abstract

The article deals with the mechanisms to ensure the improvement of utilities management efficiency within the municipality through the introduction of new stand-ards of transparency and accountability. As a result of the study the author has formulated the proposals for the creation of the collective management bodies of public utilities – supervisory boards as well as for the ensuring the conditions for the access to information on the financial and economic performance of these enterprises and for conducting a mandatory audit of their annual financial statements.

Last modified: 2019-09-27 20:38:12