About the quality assurance trends of budgetary (accounting) calculation, accounting (financial) reporting and an effective use of budgetary funds by subjects of the sector of state management

Abstract

The development trends of budget (accounting) calculation (2004-2024) are considered; the role of the concept of “quality” as a category of accounting, and the application of this category in the methodology of conducting subjects of state administration (SSА) of budget (accounting) accounting, their formation of accounting (financial) statements (individual and consolidated), as well as financial control in order to ensure the efficient use of budget funds by these entities. Particular attention is paid to the principles of the formation and presentation of accounting (financial) statements by subjects of SSА to interested users; methods of increasing operational efficiency of budget expendi-tures by entities; improving the methodology of budgetary (accounting) accounting, preparation of accounting (financial) statements in order to improve the quality and transparency of the information disclosed in the reports, by introducing and applying federal accounting standards for public sector organizations; the creation of flexible and adaptive information technologies that automate processes and procedures for documenting information about accounting objects, record keeping, reporting by SSA entities and the transition of these entities to a new accounting and technological model and common standards for electronic financial information.