scholarly journals Public financial control in Ukraine: state, problems, prospects

2021 ◽  
Vol 187 (1-2) ◽  
pp. 163-176
Author(s):  
Hryhorij Kaletnik ◽  
◽  
Nataliya Zdyrko ◽  
Keyword(s):  
Good Governance ◽  
Financial Control ◽  
State Budget ◽  
The Public ◽  
Current State ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Definition Of ◽  
And Control

The authors assess the current state of public financial control in Ukraine, identifies its main problematic aspects and suggests ways to solve them. There is a direct interdependence between increasing the level of corruption and weakening the effectiveness of public financial control. Forms and types of public financial control are considered depending on controlling subjects. The authors identify forms of public sector audit according to the ISSAI standards which include financial audit, performance audit and compliance audit. The paper touches upon the necessity of legislative introduction of audit of conformity with the corresponding definition of the purpose, tasks, subjects, objects, methods and procedures. It is proposed to implement the Standard for Auditing the Compliance of Public Resources, which will define general provisions, principles and criteria of compliance audit, as well as the procedure for planning, directions, methods and control points in its implementation, generalization and implementation of results. The main generalized indicators of activity of the Accounting Chamber in the period between 2009 and 2019 are presented and the basic trends in the development of the public financial control are covered. It characterizes the number of inspected objects, prepared reports, the volume of detected violations, the number of relevant response documents and the amount of estimated funding. The structure of identified violations in the main areas includes violations of the budget legislation, inefficient management of funds and violations of the administration of the revenue side of the state budget. The basic criteria for carrying out performance audit are defined and their analytical assessment is provided. The main directions of improvement of the public financial control with the use of key characteristics of the concept of good governance are offered, the fundamentals of which include the rule of law, equality, inclusiveness, efficiency, transparency and accountability. It is recommended to introduce and use a unified report on budget offenses, which will facilitate communication between regulatory authorities and allow for receiving, processing and storeing large amounts of information on the results of auditing.

scholarly journals Public Sector Audit, Transparency and Good Governance on Financial Accountability of Public Sector Entities in Rivers State, Nigeria

2021 ◽  
Vol 4 (3) ◽  
pp. 15-38
Author(s):  
Appah E. ◽  
Onowu J.U. ◽  
Adamu A.J.
Keyword(s):  
Public Sector ◽  
Good Governance ◽  
Sample Size Determination ◽  
Financial Accountability ◽  
Governance Index ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Financial Transparency ◽  
Rivers State

This study investigated the effects of public sector audit, good governance and financial transparency on financial accountability of twenty – six (26) ministries in the Rivers State Civil Service. The study employed cross sectional survey research design. The population consisted of twenty – eight ministries and the Taro Yamene model was used for sample size determination while simple random sampling was employed. The study used primary and secondary sources of data collection. Questionnaire was the primary source of data collections after the application of content and face validity while Cronbach alpha was employed to test the reliability of the instrument. The dependent variable was financial accountability index while the independent variables consisted of financial audit index, performance audit index, compliance audit index, good governance index and financial transparency index. The responses obtained from the questionnaire were analysed with univariate, bivariate and multivariate analysis. The multiple regression analysis suggested that there is a positive and significant relationship between financial audit index, performance audit index, compliance audit index, good governance index and financial transparency index on accountability in public sectors in Rivers State. The study concluded that public sector audit, good governance and financial transparency promote financial accountability in the Nigerian public sector. Therefore, the following recommendations were provided amongst others that The Accounting Officers in government Ministries, Department and Agencies (MDA) should carry out government business in accordance with accountability, transparency, effectiveness and efficiency, responsiveness, forward vision and rule of law for the welfare of the citizens.

scholarly journals Reporting and Follow-Up Recommendations for Performance Audit in Sai in the Republic of Serbia

2020 ◽  
Vol 58 (1) ◽  
pp. 117-129
Author(s):  
Aleksandar Popović
Keyword(s):  
Regulatory Compliance ◽  
The Public ◽  
State Audit ◽  
Financial Audit ◽  
Compliance Audit ◽  
Performance Audit ◽  
Performance Auditing ◽  
The Republic ◽  
Audit Approach

AbstractDevelopment of an integrated audit approach in state auditing enabled, in addition to financial audit and audit of regulatory compliance, audit of the public sector’s entities performance at the same time. Thus performance audit (success, value-for-money) gets primacy within the scope of activity of the supreme audit institutions. The goal of such an activity is to point to the development and importance of auditing effectiveness in the State Audit Institution (SAI) in the Republic of Serbia, emphasising reporting on performance auditing, detected irregularities in the use of budgetary resources and recommendations made to the public sector entities by SAI, as well as following them up for the purpose of more effective management and use of state property and state funds.

scholarly journals Defining and Quantifying Intermittency in the Power Sector

Energies ◽  
2020 ◽  
Vol 13 (13) ◽  
pp. 3366
Author(s):  
Daniel Suchet ◽  
Adrien Jeantet ◽  
Thomas Elghozi ◽  
Zacharie Jehl
Keyword(s):  
Power Source ◽  
Production Data ◽  
Power Sector ◽  
Predictive Capacity ◽  
The Public ◽  
Current State ◽  
Definition Of ◽  
Quantitative Definition ◽  
The Impact

The lack of a systematic definition of intermittency in the power sector blurs the use of this term in the public debate: the same power source can be described as stable or intermittent, depending on the standpoint of the authors. This work tackles a quantitative definition of intermittency adapted to the power sector, linked to the nature of the source, and not to the current state of the energy mix or the production predictive capacity. A quantitative indicator is devised, discussed and graphically depicted. A case study is illustrated by the analysis of the 2018 production data in France and then developed further to evaluate the impact of two methods often considered to reduce intermittency: aggregation and complementarity between wind and solar productions.

scholarly journals Formation of a new paradigm of anti-money laundering: The experience of Ukraine

2021 ◽  
Vol 19 (1) ◽  
pp. 354-363
Author(s):  
Sergij S. Vitvitskiy ◽  
Oleksandr N. Kurakin ◽  
Pavlo S. Pokataev ◽  
Oleksii M. Skriabin ◽  
Dmytro B. Sanakoiev
Keyword(s):  
Money Laundering ◽  
Criminal Liability ◽  
New Paradigm ◽  
State Budget ◽  
Social Sphere ◽  
Current State ◽  
Ongoing Training ◽  
Literary Sources ◽  
The Social ◽  
Financial Audit

The increase in the level of money laundering is associated with digitalization and technification of all spheres of society, the globalization of financial markets, the consequences of quarantine measures caused by the COVID-19 pandemic, and the new ways of committing money laundering crimes. The paper aims to identify the peculiarities of anti-money laundering activities in Ukraine and outline approaches to increase the effectiveness of combating money laundering in the country. The current state of the problem of money laundering is analyzed based on the study literary sources, regulatory framework and their discussion in the Ukrainian society. An attempt was made to systematize the factors influencing the increase in the level of money laundering. The consequences of increasing the level of money laundering for Ukraine have been determined: a shortfall in state budget revenues, a decrease in the level of the social sphere financing, reduced living standards of the population. It has been emphasized that there is a need for a comprehensive approach to the problem of money laundering, which will include ongoing training for financial audit specialists, the establishment of special units to investigate money laundering crimes, enshrining the classification of money laundering crimes in regulatory documents and the establishment of criminal liability for their commission.

scholarly journals O Aberto: O Homem e o Animal de Giorgio Agamben – Uma Tentativa Hipertextual/The Open: The man and the animal of Giorgio Agamben - A hypertext attempt

2013 ◽  
Vol 4 (7) ◽  
pp. 1
Author(s):  
Cléber Ranieri Ribas de Almeida
Keyword(s):  
The Political ◽  
Public Order ◽  
Human Sciences ◽  
Giorgio Agamben ◽  
The Public ◽  
Ex Ante ◽  
The Subject ◽  
Definition Of ◽  
And Control ◽  
Manipulation And Control

O artigo se propõe elaborar uma exegese do livro O Aberto: o Homem e o Animal, de Giorgio Agamben, de maneira a expor o argumento central da obra bem como situar o autor na Filosofia Política contemporânea. Para Agamben, o aberto não se situa unicamente numa analítica fenomenológico-existencial do ser: politicamente, o lugar privilegiado de movimentação desse conceito situa-se especificamente na biofilosofia dos graus do orgânico. A definição desses graus torna-se cada vez mais imprecisa à medida em que se propõe distinguir o limite entre o que é o animal e o que é o humano. A inovação de Agamben na abordagem dessa questão, portanto, está no modo como ele politiza o tema do aberto e o situa numa zona estratégica entre a zoologia e as políticas do homem. A entificação do tema, o aberto, não é para o autor um índice de conspurcação cientificista; é, antes, um índice de incessante politização, isto é, realocação conceitual, modulação disciplinar e institucionalização jurídica. Agamben não quer apenas uma ciência da política, mas também uma política da ciência, entendendo a ciência como lugar soberano de mobilização, manipulação e controle dos corpos. Numa palavra, a ciência, especificamente, a biofilosofia e as ciências do homem, são legisladoras da decisão pública acerca do que é homem. E quem decide o que é o homem, decide ex ante, qual política e qual moral deve dispor sobre a ordem pública.Abstract: This paper aims to do an exegesis of Giorgio Agamben´s book The Open: the Man and the Animal, in order to expose its central point as well as to contextualize the author in Contemporary Political Philosophy. According to Agamben the open is not situated only in a phenomenological-existential analytics of being: politically the privileged place of that concept is specifically on the biophilosophy of organic grades. The definition of those grades becomes more and more imprecise as long as it aims to distinguish the limit between the man and the animal. The innovation of Agamben is the way how he politizes the subject of open and places it on a strategic zone between the zoology and the politics of man. Agamen does not want only a science of the political, but alson a politics of science by understanding the science as a sovereign place of mobilization, manipulation, and control of bodies. In a word, the science, especially the biophilosophy and the human sciences, are legislators of public decision about what man is. And who decides what the man is, do it ex ante which politics and which moral should rule over the public order. Keywords: Agamben, mankind, animal, biophilosophy.

scholarly journals Project Financing per il recupero funzionale ad uso ricettivo del “Forte dei Pianelloni” di Lerici

X ◽  
2020 ◽  
Author(s):  
Norbert Frroku ◽  
Massimo Rovai ◽  
Caterina Calvani
Keyword(s):  
Feasibility Study ◽  
The Other ◽  
Project Financing ◽  
Maintenance Costs ◽  
The Public ◽  
Current State ◽  
Financial Feasibility ◽  
Private Entity ◽  
Definition Of

Project Financing for functional recovery of the “Forte dei Pianelloni” in LericiThe central theme is the Project Financing, a complex financial instrument that can potentially be used to give a new life to a state property with a strong historical and architectural value and in a state of neglect, through the use of public-private partnerships. This evaluation technique makes it possible to understand the economic and financial feasibility of an intervention both for the owner of the asset (the public) and for the private entity that puts the resources for the requalification / restructuring and will own the profits from the management of the asset. Therefore, assuming the role of a Private Financial Promoter, I developed the Preliminary Project and the Feasibility Study with reference to two possible uses. The work was divided in two parts: in the first part the Preliminary Project was a reworking of an architectural relief kindly lent by the municipality of Lerici to expose the current state of the structure adding also hints of history. Then I made two proposals: one hypothesis is a fancy project with Resorts & Suites and the other is a more affordable one with Hostel & Camping; I considered also the differences between the two proposals. To develop the work, the use of a drone for inspections and a 3D printing to create the plastics were also experimented. In the second part that consists in the Feasibility Study was developed through an analysis of the possible positioning on the market with respect to the project hypotheses, the definition of the restructuring, management and maintenance costs. There were also analyzed other fortifications in the Gulf of Spezia, that were already reconverted in other uses. This study highlights the economic and financial feasibility of both design assumptions.

scholarly journals THE IMPACT OF TECHNOLOGICAL INNOVATIONS ON THE COMPETITIVENESS OF THE TELEMATIC COMPANIES

2020 ◽  
Vol 12 (0) ◽  
pp. 1-11
Author(s):  
Elena Dadelytė ◽  
Alma Mačiulytė-Šniukienė
Keyword(s):  
Technological Innovation ◽  
Transport Sector ◽  
Technological Innovations ◽  
Monitoring And Control ◽  
The Public ◽  
Correlation And Regression Analysis ◽  
Economic Progress ◽  
Definition Of ◽  
And Control ◽  
The Impact

Innovation is an important driver of economic progress, benefiting consumers, business and the economy as whole. However, innovation companies face high risks because innovation requires a lot of resources, and it is difficult to predict a payback period in advance. This is common for all types of innovation, but especially to technological innovation. One of the least researched technological innovations is telematics, innovative transport monitoring and control technology solutions. Those are widely applied in logistics, car-sharing platforms and the public transport sector. These innovations help to achieve the goals of the companies that buy and install them, but question what impact they have on the competitiveness of the companies that create these innovations remains a matter of debate. To fill this gap, the purpose of this article is to determine the impact of technological innovation on the competitiveness of telematics companies. In pursuit of this goal, the concepts of technological innovation and competitiveness are revealed. The definition of telematics innovation and its significance for the competitiveness of enterprises was also formed. The empirical part discusses the telematics market, provides the analysis of the main competitiveness indicators of 8 telematics companies and their changes, as well as the analysis of the research and development (R&D) costs and the impact of innovations on competitiveness. Applied research methods: a critical analysis of scientific literature, generalization, systematization of data, computation, and comparison of relative indicator, data dispersion indicator, and dynamics indicator, correlation, and regression analysis. The research reveals that creation and development innovation are related to competitiveness of telematics companies. However, excessive investment into innovation no longer generates positive return.

scholarly journals STANDARDIZATION OF PUBLIC AUDIT OF PUBLIC PROCUREMENT IN UKRAINE THROUGH THE INTRODUCTION OF COMPLIANCE AUDITS

2020 ◽  
pp. 156-174
Author(s):  
Nataliya ZDYRKO
Keyword(s):  
Public Procurement ◽  
The State ◽  
International Standards ◽  
The Public ◽  
Electronic Procurement ◽  
State Audit ◽  
Financial Audit ◽  
Compliance Audit ◽  
Audit Standard ◽  
Procurement System

The independent legislative agency of Ukraine according to the international standards ISSAI in private carrying out of the state audit (including the published purchases) is made. It is established that international practice has identified three components of public audit: performance audit, financial audit and compliance audit. The necessity of standardization of the state audit of public procurements through legislative fixing of audit of conformity is proved. The main objects of compliance audit are proposed: the activities of the customer (participant), public resources and the activities of responsible government agencies. Recommended main directions and procedures for compliance audit for each object and by stages of the life cycle of procurement items. Features of the audit of compliance of redistribution by the customer of various receipts for public procurement are considered. Features of audit procedures for different types of public procurement are identified. The recommended procedure and algorithm for auditing the correctness of determining the subject of procurement from the customer. The main mistakes and violations of the participants, which take place during the audit of compliance with public procurement, have been identified. The peculiarities of compliance audit at the stage of public procurement planning, pre-contractual and contractual relations in the electronic procurement system, as well as at the stage of use of procurement items are highlighted. It was emphasized that the responsible body should regulate issues related to the functioning of the electronic information system, platforms and web portal in the field of public procurement. The key elements of the Public Procurement Compliance Audit Standard (purpose, objectives, subject, objects, subjects, stages, methods, principles) are proposed.

Nongovernmental Organizational Governance and Corporate Governance: A Comparative Analysis

2007 ◽  
Vol 22 (1) ◽  
pp. 47-71
Author(s):  
Kim Jun Ki
Keyword(s):  
Corporate Governance ◽  
Good Governance ◽  
Agency Problem ◽  
Governance Structure ◽  
Community Services ◽  
Organizational Setting ◽  
Organizational Governance ◽  
Board Performance ◽  
Definition Of ◽  
And Control

In an organizational setting, the board members are the persons in whom power is entrusted by the principals to act as fiduciaries and to guide the organization. A main cause of concern originates from the elassical problem of the separation of ownership and control. Although agency theory, the dominant approach to research on corporate governance in particular, holds that the separation of ownership and control constitutes an efficient division of labor, there is widespread awareness that managers and boards may take actions that hurt principals or constituencies they are meant to serve. An agency problem can manifest in several ways. First, managers and boards exert insufficient effort while overcommitting themselves to external activities. Secon, they might reap private benefits in the form of perks. Last, they may take unnecessary risks by committing to mature projects. This basic agency problem suggests a possible definition of corporate governance and nongovernmental (organizational) governance as addressing both and adverse selection and a moral hazard problem. A good governance structure is then one that selects the most able managers and makes them accountable to relevant constituents. Moreover, strengthening board performance in NGOs and thus their governance structure is widely recognized as being a major requisite for the improvement of community services that NGOs provide.

State regulation of the oil and gas complex: state, problems and prospects

2018 ◽  
Author(s):  
Сергей Трофимов ◽  
Sergey Trofimov
Keyword(s):  
Sustainable Development ◽  
World Economy ◽  
Oil And Gas ◽  
State Regulation ◽  
Complex State ◽  
Method Of Calculation ◽  
The Public ◽  
Current State ◽  
Definition Of ◽  
Oil And Gas Sector

The current state of the Russian oil and gas complex is analyzed, it’s place and a role in structure of national and world economy are shown. Are revealed value and features of state regulation of subsurface use of the Russian Arctic shelf which is the major strategic region and a factor of energy security of domestic economy; institutional aspects of state regulation of the Russian oil and gas sector are presented. In the monograph the methodic of creation of the forecast of price of oil with definition of the expected horizon of the price for 5 years is offered; teoretiko-methodical approaches are defined and the method of calculation of assessment of efficiency rentals as instrument of state regulation of the oil and gas complex promoting increase in efficiency of subsurface use is offered; are developed the offers and methodical recommendations about improvement of the mechanism of state regulation of an oil and gas complex aimed at his economically sustainable development. The monograph is intended for scientists, heads and the staff of the oil and gas enterprises, the public civil servants and also experts, the researching problems of state regulation of economy and sustainable development of an oil and gas complex.

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