CC BY
40M.Yu. Tirkashev, N.B. Eshtemirov
FACTORS OF EFFECTIVE USE OF MECHANISMS TO IMPROVE
FINANCIAL CONTROL
The article examines the practical importance of improving financial control in economic reforms and its interrelationships with the fight against corruption in conditions of deepening the process of market economy.
Key words: Budget, finance, control, the state, social, economic, reform, corruption, accounting, government, education, financial control.
The fight against corruption in Uzbekistan is closely connected with the development of the country's economic sectors on an innovative basis, increasing the efficiency of financial costs directed to the sectors, i.e., the process of using the funds allocated from the state budget in the sectors. The president of the Republic of Uzbekistan noted that "Corruption is a very serious crime and we must break the idea of intolerance towards it to our children from a young age and teach them to earn income only through honest labor and entrepreneurship. It is also crucial to prevent corruption in all government decision-making processes, ensuring that they are open and transparent. For example, our citizens have been using relevant public procurement data since this year to raise relevant issues."1
Its legal framework is constantly being improved to prevent looting of public funds in education, health, culture, governance and other areas. The main function of financial control is that in the period of deepening economic conditions of the market economy, innovative forms of economic activity are carried out in the conditions of production, provision of services, the targeted expenditure of funds of the budget system, control over compliance of organizations financed from the budget with the national legislation, as well as the budgetary discipline.
The practice of financial control confirms that it is desirable to analyze their financial performance in budgetary organizations through special automated software products for the management of budgetary funds and the conduct of budgetary accounting. The effectiveness of financial control it is desirable to carry out monitoring with a wide application of remote control, using innovative information technology and uniform use of statistical and analytical conclusions included in the database. The need for financial control over the impact of reforms in the social economic context, the increasing number of non-profit organizations and the expenditure of gratuitous financial assistance of international organizations used in their activities. Also during the reforms, it is necessary to further improve the human factor, the implementation of financial control over compliance with the budget legislation, that is, in the effective use of funds of non-budgetary funds of budgetary organizations, which is intended to increase the activity of employees in reforms.
During the economic reforms, a systematic profile work is being carried out in order to further improve the system of effective and targeted use of the state budget, to ensure that the heads of budget organizations, financial funds are spent in strict compliance with the legislation. In the educational and medical system, there is a need to increase public control over the cost of budgetary funds, financing from the budget, improving accounting, strengthening the budget discipline in institutions designed by ministries and departments. Also, in order to prevent cases of violation of the budget legislation by intensively introducing modern information technologies and internationally recognized financial control standards into practice, the decree of the president of the Republic of Uzbekistan "on further improvement of the system of financing of medical and educational institutions and the system of state financial control" was adopted on August 21, 20172.
There are cases of violation of the rules of its use in spite of the cost of budgetary funds, the effective use of financial resources for the purpose of further development of the social sphere, the profilactics, the violation of the discipline of looting material wealth, allowing for shortages, the cost estimate, the compilation of the State schedule and the execution, among others. In particular, in the financial control of the expenditure of budgetary
© M.Yu. Tirkashev, N.B. Eshtemirov, 2022.
1 Address of the President of the Republic of Uzbekistan Shavkat Miziyoev to the Oliy Majlis. https://review.uz/post/poslanie-prezidenta-uzbekistana-shavkata-mirziyoyeva-oliy-mailisu
2 President of the Republic of Uzbekistan "On further improving the mechanism of financing of medical and educational institutions and the system of state financial control" decision in August 21, 2017. Collection of Legislation of the Republic of Uzbekistan, 2017, No. 35 Article 920.
and non-budgetary sums in educational institutions, estimates of revenues and expenditures, accounting documents, norms belonging to the sphere of accounting are the main sources of information supply. It therefore also relies on the availability of information base during financial control.
79 percent of the financial control measures carried out by the Ministry of Finance of the Republic of Uzbekistan in 2020 were carried out on the targeted use of budgetary funds, violation of the budget discipline in the amount of 81.7 billion soums, a deficit of monetary and commodity material resources was identified in the control measures. 57.4 billion soums (70 percent) of the illegally spent funds were restored to the relevant budgets as a result of the choratadbirs seen during the Monitoring events. It should be noted that the cases of delinquency in the expenditure of budget funds are Andijan (8,9 billion soums), Kashkadarya (8,2 billion soums), Tashkent (6,2 billion soums), Jizzakh (5,5 billion soums), Surkhandarya (5,4 billion soums), Namangan (4,6 billion soums), Fergana (4,4 billion soums), Tashkent City (7,9 billion soums) and the Republic of Karakalpakstan (5,5 billion. It is observed in the activities of organizations that receive funds from the budget1. The results of the above analysis confirm that financial control over the cost of budgetary funds is nenecessary.
CONCLUSION
In the abstract, it should be noted that financial control is a systematic, systematic process that is formed as a result of the objective conclusions of highly qualified specialists. The effective expenditure of budgetary funds is an important factor in the effective implementation of economic reforms and the implementation of the social, economic indicators listed in the state programs and the fight against various manifestations of corruption.
References
1.Address of the President of the Republic of Uzbekistan Shavkat Miziyoev to the Oliy Majlis.
2.https://review.uz/post/poslanie-prezidenta-uzbekistana-shavkata-mirziyoyeva-oliy-majlisu
3.President of the Republic of Uzbekistan "On further improving the mechanism of financing of medical and educational institutions and the system of state financial control" decision in August 21, 2017. Collection of Legislation of the Republic of Uzbekistan, 2017, No. 35 Article 920.
4.It became known that the cases of irregularities in the expenditure of budgetary funds sharply increased.
5.https://kun.uz/news/2020/07/17/budjet-mablaglari-sarflanishida-qonunbuzilish-holatlari-keskin-kopaygani-malum-
boldi
6.Vohobov A., Malikov T. S. Moliya: umumnazariy masalalar. O'tuv qo'li, Toshkent, Iqtisodiyot - mantiq, 2008.
7.Musayev B., Srofiddinova Z. moliyaviy organlarning nazorat-iqtisodiy faoliyati. Darslik, Toshkent, Iqtisodiyot -Moliya, 2006.
TIRKASHEV MIRASROR YUSUP UGLI - Student of Finance and financial technologies, Karshi engineering-economics institute.
ESHTEMIROV NURIDDIN BAXTIYOR UGLI - Student of Finance and financial technologies, Karshi engineering-economics institute.
1 It became known that the cases of irregularities in the expenditure of budgetary funds sharply increased. https://kun.uz/news/2020/07/17/budjet-mablaglari-sarflanishida-qonunbuzilish-holatlari-keskin-kopaygani-malum-
boldi
