The State Duma has adopted a bill on expanding the methods of state financial control

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AK&M 27 March 2024 18:31

The State Duma adopted in the first reading a bill expanding the methods of state financial control. This is stated in the message of the Ministry of Finance.

Three new methods of financial control are being introduced. The first is an analysis of the activities of the main managers and recipients of budgetary funds, as well as legal entities using such funds and state property.

The second is the supervision of financial transactions of the objects of control. It will be carried out by the control bodies by collecting and processing the necessary information without direct administrative interaction with the objects of control using data on the conduct and results of their financial and economic operations in information systems.

The third is control monitoring conducted by the Federal Treasury bodies on the basis of agreements with individual objects of control at the federal level. It is proposed to exempt participants in such monitoring from other methods of financial control, giving them the right to receive operational advice from the Treasury.