Some Problems of Legal Regulation of Financial Control by Control and Accounting Bodies of Local Self-Government and Subjects of the Russian Federation in the Implementation of Procurement Activities

The sphere of financial control carried out by the control and accounting bodies of local self-government, the subjects of the Russian Federation, is regulated by several regulatory documents, in which there are a number of shortcomings, legal gaps, inconsistencies that require immediate solutions. Such documents should include regulatory documents on the expenditure of budget funds on the basis of Russian legislation in the field of procurement. The above is relevant, since the number of offenses in the financial sphere when spending budget funds is increasing, therefore it is necessary to pay due attention to financial control. The article also provides a comparative analysis of the principles of financial control of the Russian Federation and Azerbaijan, Moldova and other countries. The article defines the provisions indicating the need for changes in the legislation of the Russian Federation to facilitate financial control and improve the overall situation when spending budget funds for procurement.

local self-government, subject of the Russian federation, control and accounting body, financial control, audit, procurement sphere, legislative activity