Risk-oriented approach as a tool for end-to-end control over budget expenditures for financial support of state (municipal) institutions

The article considers the risk-oriented approach as a tool to improve the effectiveness of control over the expenditure of budgetary funds aimed at the financial support of public (municipal) institutions. Special attention is paid to the analysis of practical experience of implementation of this methodology at the level of state (municipal) financial control bodies. The features of identification and assessment of budgetary risks, formation of risk maps, as well as mechanisms of prioritization of control objects based on risk levels are disclosed. The article substantiates the role of risk-based monitoring as a tool for early detection of violations and increasing the targeting of control measures. The article emphasizes the importance of integrating the risk-oriented approach into the system of end-to-end control, covering the entire cycle of the budget process from planning to evaluation of results. The presented conclusions are based on the comparison of regulatory requirements, recommendations of international organizations and practical cases demonstrating the effectiveness of this methodology in the conditions of limited resources and growing requirements to the effectiveness of budget expenditures.