Technological innovations in the state sector of the financial system of the region

SubjectEconomic relations budget organizations in the financial sector, developing in the conditions of formation of the fourth industrial revolution Objectives Development of theoretical and practical recommendations for improving financial activities of the budget organizations on the basis of introduction of modern technologies Methods The main methods of research are bibliographic and comparative analyses Results The Modern paradigm of development requires the economic entities of technological innovation, regardless of forms of ownership and activities. Development and implementation of a project office technology solutions in the public sector is one of the tools of technological innovation, contributing not only to the growth of the efficiency and effectiveness of public financial management in budget institutions, but also a number of associated problems. Asked to create and develop a Project office technology solutions on the base of UFK in the Kurgan region as a pilot region. The main idea of the first technological solution lies in the centralization of budget accounting of public institutions of the regional and local levels to the UFK in the Kurgan region. In order to optimize the costs of the regional budget for the organization of procurement offers another technological solution, which provides for the development of the functional subsystem "Managing procurement’’ GIIS E-budget" due to the transition to electronic documents between participants of the procurement. Scope of results financial services the state institutions of the Kurgan region Conclusions and Relevance The priority in the work of modern accountant is gradually shifting from the provision of primary users of accounting information, in addition to developing recommendations, in terms of exponentially increasing information flow is the most relevant and popular. In the short term accounting in the public administration sector is becoming a reliable source of information not only for decision-making at various levels, but also to assess the citizens efficiency and effectiveness of the organizations of the public administration sector and as a whole publicly-legal formations. Electronic document management will become a familiar feature of the modern economy, as well as understandable for all users.