Public financial services transparency

Logan, W.; Esmanov, O.

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Title	Public financial services transparency
Authors	Logan, W. Esmanov, O.
ORCID
Keywords	financial control transparency public authorities financial crisis national security фінансовий контроль прозорість державні органи фінансова криза національна безпека финансовый контроль прозрачность государственные органы финансовый кризис национальная безопасность
Type	Article
Date of Issue	2017
URI	http://essuir.sumdu.edu.ua/handle/123456789/62304
Publisher	Sumy State University
License
Citation	Logan, W., Esmanov, O. (2017). Public financial services transparency. Business Ethics and Leadership, 1(2), 62-67. Doi: 10.21272/bel.1(2).62-67.2017
Abstract	Reforming state financial control after Ukraine gained independence was characterized by significant changes, but they had a spontaneous and non-systemic character. Due to uncoordinated transformation, the financial control system still spends disproportionately large resources on its content, retains many features of the postSoviet period, especially in organizational and functional structures, the methods of work of control bodies, and therefore morally obsolete and practically does not provide necessary progress in stabilizing the financial and budgetary discipline in the state. As practice has shown, work organization of state financial control bodies requires significant resource costs (both labor and financial). The lack of coordination and systematization in activities of state financial control authorities does not allow optimizing the disposal and use of state financial resources, it stimulates the deepening of financial crisis in domestic economy.
Appears in Collections:	Business Ethics and Leadership (BEL)