Financial Control in the Russian Federation and the Republic of Azerbaijan: Comparative Legal Regulation

The article provides a comparative legal analysis of the activities of the financial control bodies of the Ministry of Finance of the Russian Federation and the Ministry of Finance of the Republic of Azerbaijan, as well as their subordinate organizations. The regulatory documents regulating the conduct of financial control are analyzed. The features of financial control are considered, the priorities of state regulation of control and supervisory functions of states are noted, the powers of regulatory bodies are determined. Both common features of financial control and differences in the conduct of financial control activities are identified, in particular, in relation to the object and subject of financial control, areas of financial control activities. It is noted that the legislation of both countries contains a number of provisions that can be taken into account to improve the financial legislation of both states when conducting financial control: conducting current financial control, requirements for material support of employees of regulatory authorities during financial control activities.