BALANCED SCORECARD FOR DEPARTMENTAL CONTROL SERVICE
Departmental control is an integral part of the financial management system. Improvement of the financial management system - the system of state (public) finance management- inevitably sets the task of improving the system of departmental control. A separate problem, insufficiently disclosed in regulatory legal acts and by researchers, is the evaluation of the effectiveness of departmental control. Currently, departmental control in the budgetary sphere is practically not regulated by normative legal acts. The issue of evaluating the effectiveness of departmental control and the introduction of a balanced system of performance indicators for both the control service as a whole and each of the control service employees has yet to be resolved. As a result of the conducted research, the following features of departmental financial control over expenditures at the present stage are highlighted: due to the fact that a budget planning system based on the program-target method has been introduced, the vector of control is shifting from control over expenditures to control over results, while control over the effectiveness of budget spending becomes an integral part of control. It is necessary to develop and implement control methods related to the assessment of the effectiveness of budget expenditures and the possibilities of achieving intermediate and strategic objectives of state programs. The author investigates the procedure for exercising the powers of federal executive authorities in the implementation of departmental control, and the problem of assessing the efficiency and effectiveness of departmental control in the public sector and proposes a multifactor system for assessing the efficiency and effectiveness of departmental control service, taking into account the specifics of the public sector. According to the author, the assessment of external and internal (including departmental) controls have significant differences and they should be evaluated by different criteria. The assessment indicators developed by the author can also be applied in the system of internal and external audit in the corporate sector.