FINANCIAL CONTROL IS THE MAIN TOOL OF FINANCIAL MANAGEMENT OF THE REGION: ANALYSIS OF THE PUBLIC SECTOR OF THE REPUBLIC OF NORTH OSSETIA–ALANIA

UDC 336
DOI: 10.36871/ek.up.p.r.2023.11.05.009

Authors

Albina K. Berkaeva,
Lana E. Zaseeva,
Dana F. Khabalova,
Alina A. Berkaeva,
North Ossetian State University named after K. L. Khetagurov
Georgy O. Berkaev,
Financial University under the Government of Russia

Abstract

In the Russian Federation, state financial control includes control over the execution of the federal budget and the budget of federal extra-budgetary funds, the organization of money circulation, the use of credit resources, the state of the state’s internal and external debt, and state reserves. The article discusses the specifics of the finances of the public sector of the constituent entity of the Russian Federation of the Republic of North Ossetia–Alania in the context of 6 years, as well as its structure. As an example of the analysis of the activities of a state institution, the Department of Civil Registration of the Republic of North Ossetia–Alania was taken. Using various methods of analysis, revenues, expenditures and sources of financing the budget deficit are considered in detail. Particular emphasis is placed on the planned and implemented federal financing programs, as well as on the investment attractiveness of the region. A priori, the main tool of the region’s management activity is financial control.

Keywords

Republic of North Ossetia–Alania, public sector, finance, structural-dynamic analysis.