• V. Verbytska Kharkiv National Automobile and Highway University
  • V. Yakushkina Kharkiv National Automobile and Highway University



control, financial control, state financial control, management, classification, efficiency, responsibility, legality


The article emphasises that the conditions of the market economy and the development of Ukrainian society require a new conceptual approach to the creation and functioning of the system of state financial control. Additionally, the significant growth of financial abuses and violations necessitates a fundamental theoretical study and the determination of ways to build a new, better system of state financial control that can solve the problem of inefficient management in the public sector of the economy. The article contains a study of a significant range of approaches of modern scientists to interpreting the concept of ‘control’ to find a clear and understandable definition not only of control but also of financial and state financial controls. The authors analysed the definition of financial control that revealed the advantages and disadvantages of the definitions provided by modern scientists. We concluded that the scientists mainly limit this concept to state control while subjects refer to state bodies. We also proposed a proper definition, taking into account the indicated shortcomings. Therefore, financial control is interpreted as an activity carried out by state and local self-government bodies, business entities, and citizens of Ukraine to ensure legality, financial discipline, and reasonableness in mobilising, distributing, and using funds and related material assets. At the same time, we aim to assess the economic efficiency of economic activity, avert and avoid obstacles that prevent the legal and rational use of property and funds, the expanded reproduction of production, satisfaction of state, collective, and private interests, and needs for economic management. In addition, we defined the purpose and tasks of financial control. In general, state financial control aims to prevent and detect financial offenses, bring the guilty to justice, ensure compensation for damages, and take measures to stop similar crimes from happening in the future. Its task is to ensure legality, efficiency, fiscal discipline, and optimality in the formation, distribution, possession, use, and disposal of assets as state property.

Author Biographies

V. Verbytska, Kharkiv National Automobile and Highway University

Candidate of Economic Sciences, Associate Professor, Associate Professor at the Department of Accounting and Taxation

V. Yakushkina, Kharkiv National Automobile and Highway University

Student majoring in Accounting and Taxation


Butynets, F. F., Bondar, V. P., Vyhovska, N. H., & Petrenko, N. I. (2006). Control and audit: textbook (F. F. Butynets, Ed.). PP “Ruta” [in Ukrainian]

Ivanichenko, O. F., & Bilotkach, L. (2014). Function of control and its components. In Proceedings of the XI International Scientific and Practical Conference ‘Actual Problems of Modern Sciences’. Nauka i studia. [in Ukrainian]

Kaliuha, Ye. V. (2002). Classification of control and ways to improve it. Finansovyi kontrol, (1), 44–52 [in Ukrainian]

Pavlyk, I. (2017). Difference between “state control” and “state supervision”: normative-legal aspects. Democratic Governance, (20). [in Ukrainian]

Yedynak, T. S., & Pavlyshen, O. V. (2011). Control as a function of public administration: essence and classification. Bulletin of the Academy of Customs Service of Ukraine. Series: Public Administration, (1), 12–18. [in Ukrainian]

Hrynchuk, Yu., Shemihon, O., & Vykhor, M. (2019). Control as a public administration function: the economic and legal essence, its application mechanism. Efektyvna ekonomika, (4). [in Ukrainian]

Harashchuk, V. M. (2002). Control and supervision in public administration: monograph. Folio [in Ukrainian]

Cammack, J. (2000). Financial Management for Development: Accounting and Finance for the Non-Specialist in Development Organisations. INTRAC.

Godeau, E. (2022). Working links between financial jurisdictions and “figure professionals”. Gestion & Finances Publiques, 102(1), 118–125. [in French]

Filatova, N. V. (2018). Organization of municipal financial control in foreign countries: the experience of France and Germany. Academy, (5 (32)), 60–63.

Erkaboyev, S. O., & Ibragimov, A. G. (2023). Public financial control in the public financial management system: an analysis of the European experience. International journal of theoretical and practical research, 3(3), 6–18.

Seyfried, M. (2021). Federal Audit Office. In U. Andersen, J. Bogumil, S. Marschall, & W. Woyke (Eds.), Dictionary of the political system of the Federal Republic of Germany (pp. 80–82). Springer VS. [in German]

Bezzina A.-C. (2022). Citizens’ questions before the financial jurisdictions. Gestion & Finances Publiques, 102(2), 74–81. [in French]

Zolkover, A., Heidor, A., Hreshchuk, H., Verbytska, V., & Muraviov, K. (2023). Peculiarities of Supporting Enterprises with the Help of Financial Instruments in the Conditions of Economic Changes in Ukraine. Economic Affairs, 68(01s) 335–343.



How to Cite

Verbytska, V., & Yakushkina, V. (2024). STATE FINANCIAL CONTROL: CONCEPTS AND CLASSIFICATION. Municipal Economy of Cities, 2(183), 38–42.

Most read articles by the same author(s)

1 2 > >>