forms and methods of financial control display organization of the verification by the parent entity of the financial and credit sphere in relation to its business units.
Thus, forms of financial control methods show specificity of certain actions of regulatory agencies.The classification of the main forms of the term depends on the time of the direct control, namely, preliminary control, current and subsequent control.
Preliminary checks carried out prior to performing a particular financial activities.Often carried out by a higher financial organizations when considering specific financial plans, calculations and estimates.This also includes an analysis of the expediency of loans or transfers of funds from the budgets of all levels.
Monitoring (sometimes found in the literature under the name "operational") must be carried out when the process of carrying out operations on the receipt and expenditure of funds.Based on accounting data, inventory or visual observation of this type of monitoring to prevent offenses in the financial sector, as well as regulate the emergence of financial risks.
subsequent control is carried out as an additional verification of the validity and legality of transactions with cash after their actual occurrence.This form of control is carried out by analyzing the balance sheets and other financial statements, and also uses audits and inspections on the spot in organizations and institutions.
financial control methods suggest ways and means of its implementation, among which the main ones are:
- observation.This method of financial control, through which the general introduction to the current activities of the company for the further control of its financial condition;
- check.Such methods of financial control are directly related to financial activities and, in general, should be held in place using the balance sheet, reporting and other account documents to identify specific violations of financial discipline, with the indication of how to address the consequences of their occurrence;
- examination.These are methods for the study of individual aspects of the financial activities.They are based on a larger range of indicators than and different from the test;
- analysis.It must be carried out on the basis of statements for any period, and aims to identify the "weak points" in financial discipline;
- revision.We can say that this is the main method of financial control, which is carried out to establish the rule of law on a particular subject and the eligibility of financial discipline.The audit can be mandatory and regular.The basis of this method is put check of primary documents, statistics and accounting statements, accounting records and the actual availability of money at the box office.
audit as a method of financial control involves checking only the financial activities of the entity, but not the methods of control or organization.
Methods of state financial control is no different from the above.However, the main difference between them - a body of public service, carrying out an audit, inspection, examination or analysis.
Thus, public authorities in the financial sector in terms of their structures include authorities control the financial sector, the federal bodies of financial control, as well as units of the federal bodies of executive authority relating to the specific control powers.These organizations have certain features in accordance with applicable law.
