Methodology for planning control activities in the internal state financial control taking into account the risk-oriented approach
A risk-based approach involves monitoring activities taking into account objective consideration of risks. The author examined the existing methods of planning control activities in the government authorities of the Russian Federation. Taking into account the generalization of world experience, existing practice and theoretical bases of risk analysis, the author proposes a methodology for planning and selecting control objects for inspections in the internal state financial control. This methodology involves analysis of formal and informal sources of information; it operates with quantitative indicators that are easily measurable. Qualitative characteristics are also digitized to enhance the objectivity of their use in calculations. As a result, a methodology has been created that balances the scale of audits of the Ministry of Finance of the Perm region with a limited amount of labor and financial resources. The effectiveness of the methodology is assessed both from the position of implementing the investment project at the expense of budgetary funds as well as with the regard for the analysis of the socio-economic side of the issue.