Conceptual direction for the development of risk monitoring in the system of internal state (municipal) financial control

The modern system of internal state (municipal) financial control is characterized by the development of new directions for its implementation, which contribute to increasing the efficiency of the control activities of the bodies of the Treasury of Russia. One of the current areas is the development of risk-based control, assessment and management of treasury risks, their timely identification and prevention. In order to develop methodological foundations and scientific approaches to risk-based control, the article substantiates the need to develop methodological tools for risk monitoring, which is one of the significant control mechanisms in the public sector. The conceptual directions and problems of creating a risk monitoring module in the financial control system are considered. The need to develop methodological support for risk monitoring and assessment of financial control risks, the occurrence of which impedes the achievement of set goals, is caused by changes occurring in the budgetary sphere, methods of regulating state financial policy, methods and techniques of management of state and municipal bodies in conditions of uncertainty and lack of financial resources. The concept of risk monitoring development is substantiated, aimed at the large-scale use of automated software products and information systems in the context of the implementation of national projects in the field of digital technologies, which will expand the capabilities of processing and analyzing a large array of data at different stages of control, both subsequent and preliminary, facilitating timely assessment of identified risks and their preliminary prevention. The considered approaches to risk monitoring contribute to solving the urgent task of the Federal Treasury in terms of timely detection of violations of budget legislation, shortcomings in the distribution and use of budget financial resources, reducing and eliminating their negative impacts on the effectiveness of financial policy at the federal, regional and municipal levels.