MODEL OF THE SYSTEM OF FINANCIAL CONTROLLING IN THE CONTEXT OF RISK MANAGEMENT IN THE PUBLIC SECTOR

Authors

  • Elena Fedchenko Financial University under the Government of the Russian Federation, Russia
  • Timur Timkin Financial University under the Government of the Russian Federation, Russia
  • Anastasiya Lysenko Financial University under the Government of the Russian Federation, Russia
  • Dariya Gorohova Financial University under the Government of the Russian Federation, Russia
  • Anna Zueva Financial University under the Government of the Russian Federation, Russia

DOI:

https://doi.org/10.20397/2177-6652/2024.v24i2.2834

Keywords:

government sector, financial controlling, risk management, management decisions, information support

Abstract

The study aims at developing a model of financial controlling for the public sector of the Russian Federation with due regard to the requirements of risk management. The methodology includes an analysis of other studies on the topic and the functioning of US and German controlling systems. It is concluded that the model should be based on a single digital platform and include information, analytical, methodological, instrumental, and accounting support. The main conclusion is that a system of financial controlling of economic entities in the public sector ensures better financial planning, accounting, analysis, and control based on the theory and methodology of controlling in the public sector that meets modern requirements. This system also has an effect on financial management in the public sector. The result of the study is an original model of financial controlling for the public sector.

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Published

2024-04-23

How to Cite

Fedchenko, E., Timkin, T., Lysenko, A., Gorohova, D., & Zueva, A. (2024). MODEL OF THE SYSTEM OF FINANCIAL CONTROLLING IN THE CONTEXT OF RISK MANAGEMENT IN THE PUBLIC SECTOR. Journal of Management & Technology, 24(2), 193–216. https://doi.org/10.20397/2177-6652/2024.v24i2.2834

Issue

Vol. 24 No. 2 (2024)

Section

ARTIGO

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