O. Shevchuk
2013 Economics of Development  
The range of views on the nature of financial control is rather wide. Herewith the researchers focus on the monitoring system of state agencies in exclusively financial and economic activity of economic entities. The analysis of scientists' opinions presented in the special economic and legal literature suggests that there are several points of view on the concept of state financial control: 1) certain type of government; 2) control functions of the government; 3) the ways and means; 4) the
more » ... e of the specially authorized state bodies; 5) activity of the state.Certainly, these views do not fully reflect the essence of the state financial control. For a clear understanding of its essence, to author's mind, it should be considered comprehensively in a coordinate system: goal → way (means) → result.Concerning the state financial control it is important to mention control not only over the formation, reproduction and use of national heritage, but also its division. Interpretation of the term only as one of the stages of the budget process significantly reduces the understanding of its essence as state financial control includes control over the state budget and the budgets of state non-budgetary funds, the organization of monetary circulation, the use of credit resources as internal and external public debt state property as a source of revenue, state reserves, the provision of financial and tax privileges and preferences. State financial control in its essence is much larger than the budget one, as well as finance – than the budget. In author's opinion, the state financial control, besides the budget, includes tax, customs, currency control, control of money circulation and state debt, banking and insurance control, control over professional stock market participants, as well as control over the pricing system in the country and economic concentration (antimonopoly control).
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