Fiscal Audit Development in the System of Budget Process Management

Abstract

The peculiarities of financial audit structuring in accordance with the requirements of the International Standards of Supreme Audit Institutions (ISSAI) have been considered. Two main models of financial control have been analyzed: in the countries with the Anglo-Saxon system of law is monotheistic, in the countries of the continental system of law is collegial. It has been proved, on the basis of the analysis of the activities of the budget process management bodies, that the existing system of financial control in Ukraine has the features of a collegial model. It has been proposed a program of audit of financial and economic activity for the period, which allows involving a performance audit in the system of budget management and control.