Assessment of functional elements of public finance management

The article assesses the main functional elements of public Finance management: planning, operational management and control. Financial planning and forecasting presently depend not only on macroeconomic and microeconomic factors, but also on geopolitical factors. Economic sanctions, which are still...

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Autores principales:	A. Z. Namitulina, I. V. Soklakova, E. Yu. Kuzmina, E. A. Buryak
Formato:	article
Lenguaje:	RU
Publicado:	Publishing House of the State University of Management 2020
Materias:	efficiency federal budget financial planning impact of sanctions public finance management regression dependence state financial control unemployment Sociology (General) HM401-1281 Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/d8470d68a1f54fabbd8b9b77cce1d6a1
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spelling	oai:doaj.org-article:d8470d68a1f54fabbd8b9b77cce1d6a12021-12-03T07:43:34ZAssessment of functional elements of public finance management1816-42772686-841510.26425/1816-4277-2020-10-138-144https://doaj.org/article/d8470d68a1f54fabbd8b9b77cce1d6a12020-12-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/2486https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The article assesses the main functional elements of public Finance management: planning, operational management and control. Financial planning and forecasting presently depend not only on macroeconomic and microeconomic factors, but also on geopolitical factors. Economic sanctions, which are still ongoing, have a particular impact, so it is impossible to make an accurate forecast in the management of public finances. Operational public financial management can never be considered without public resources designed to support and implement the activities of all areas of the country’s life. The paper pays special attention to the control function due to the lack of a single objective control system. To improve efficiency, the authors propose to use certain criteria: the performance criterion and the criterion of inappropriate use of budget funds. The paper calculates the dependence of Federal budget revenues on the level of gross domestic product (GDP) and the level of unemployment. The authors use for the calculation a standard form of regression equation that takes into account statistical correlations. The results of this study can be used to improve the efficiency of Federal budget revenue planning.A. Z. NamitulinaI. V. SoklakovaE. Yu. KuzminaE. A. BuryakPublishing House of the State University of Managementarticleefficiencyfederal budgetfinancial planningimpact of sanctionspublic finance managementregression dependencestate financial controlunemploymentSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 10, Pp 138-144 (2020)
institution	DOAJ
collection	DOAJ
language	RU
topic	efficiency federal budget financial planning impact of sanctions public finance management regression dependence state financial control unemployment Sociology (General) HM401-1281 Economics as a science HB71-74
spellingShingle	efficiency federal budget financial planning impact of sanctions public finance management regression dependence state financial control unemployment Sociology (General) HM401-1281 Economics as a science HB71-74 A. Z. Namitulina I. V. Soklakova E. Yu. Kuzmina E. A. Buryak Assessment of functional elements of public finance management
description	The article assesses the main functional elements of public Finance management: planning, operational management and control. Financial planning and forecasting presently depend not only on macroeconomic and microeconomic factors, but also on geopolitical factors. Economic sanctions, which are still ongoing, have a particular impact, so it is impossible to make an accurate forecast in the management of public finances. Operational public financial management can never be considered without public resources designed to support and implement the activities of all areas of the country’s life. The paper pays special attention to the control function due to the lack of a single objective control system. To improve efficiency, the authors propose to use certain criteria: the performance criterion and the criterion of inappropriate use of budget funds. The paper calculates the dependence of Federal budget revenues on the level of gross domestic product (GDP) and the level of unemployment. The authors use for the calculation a standard form of regression equation that takes into account statistical correlations. The results of this study can be used to improve the efficiency of Federal budget revenue planning.
format	article
author	A. Z. Namitulina I. V. Soklakova E. Yu. Kuzmina E. A. Buryak
author_facet	A. Z. Namitulina I. V. Soklakova E. Yu. Kuzmina E. A. Buryak
author_sort	A. Z. Namitulina
title	Assessment of functional elements of public finance management
title_short	Assessment of functional elements of public finance management
title_full	Assessment of functional elements of public finance management
title_fullStr	Assessment of functional elements of public finance management
title_full_unstemmed	Assessment of functional elements of public finance management
title_sort	assessment of functional elements of public finance management
publisher	Publishing House of the State University of Management
publishDate	2020
url	https://doaj.org/article/d8470d68a1f54fabbd8b9b77cce1d6a1
work_keys_str_mv	AT aznamitulina assessmentoffunctionalelementsofpublicfinancemanagement AT ivsoklakova assessmentoffunctionalelementsofpublicfinancemanagement AT eyukuzmina assessmentoffunctionalelementsofpublicfinancemanagement AT eaburyak assessmentoffunctionalelementsofpublicfinancemanagement
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Assessment of functional elements of public finance management

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