Transaction costs of state financial control

The article defines the subject of transaction costs of the state financial control (SFC). The author makes an attempt to develop the structure of transaction costs of the state financial control (SFC). The author suggests ways to reduce transaction costs in the sphere of the SFC: to pay attention to the preliminary control, create a common information space for supervisory bodies of Russia, and respond more promptly to detected financial irregularities in the use of budget funds, which will subsequently improve the efficiency of the SFC.