State Audit Effectiveness

Abstract

State audit is of great value under conditions of insufficiency of budget and off-budget funds. However, the results of control measures for a number of last years are ambiguous: the size of the revealed infringements is disproportionate to the quantity of inspections. The author singles out the major principles of state audit planning. They are expediency and efficiency. To realize them, it is recommended to analyze the state audit effectiveness by means dynamics correlation between the size of the infringements found out and the number of audit inspections. The research has shown that one of the painful points in the economy public sector is the process of budgets formation and execution. Therefore, the author suggests some ways to increase the efficiency. Perfection measures on tax administration and economically proved selection of the state target programs are the most important ones. At tax laws planning at the level of separate territories, it is necessary to stimulate development of small innovative business taking into account geographical specialization. Special attention should be paid to the target programs, concerning the supports of the agrarian economy sector and solution of environmental problems. Choosing the addressees of budgetary funds within the limits of the state target programs, it is necessary to use process approach for estimation of their financial state. The recommended suggestions can be implemented in the control-analytical activity of the state bodies.