State Corporations as an Object of Financial and Budgetary Control
( Pp. 49-54)
More about authors
Rita A. Toria
Dr. Sci. (Law), Professor of the Department of State and Legal Disciplines of the Higher School of Jurisprudence of the IGSiU, Presidential Academy Russian Academy of National Economy and Public Administration
Russian Presidential Academy of National Economy and Public Administration
Moscow, Russian Federation Hasanov Nail A. Consultant of KPMG Tax and Legal Consulting Department
Audit company of the Big Four «KPMG»
Moscow, Russian Federation
Russian Presidential Academy of National Economy and Public Administration
Moscow, Russian Federation Hasanov Nail A. Consultant of KPMG Tax and Legal Consulting Department
Audit company of the Big Four «KPMG»
Moscow, Russian Federation
Abstract:
This article considers issues of the legal regulation of financial and budget control at state corporations. Due to the specific legal status of state corporations, the issue of their financial and budgetary control by the state and the public has not been properly covered either in legal science or legislation. This article analyzes the evolution of the legislation of the Russian Federation in the area of regulation of state corporations. The history and reasons for the creation of this form of incorporation in the Russian Federation and in other countries are also considered. For a better understanding, the authors compiled a table on the activity of state corporations. The authors consider a number of legal problems that arise during the performance of financial and budget control at state corporations. These include the problem of regulating procurement procedures and the lack of unified requirements on the annual reporting of state corporations. The authors show the need for a unified legal framework for effective financial control. As a result of the research, the author proposes a number of recommendations for implementation.
How to Cite:
Rita A.T., Hasanov N.A., (2022), STATE CORPORATIONS AS AN OBJECT OF FINANCIAL AND BUDGETARY CONTROL. Economic Problems and Legal Practice, 2 => 49-54.
Reference list:
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Ehrmann H.V. Organized business in France // H.V. Ehrmann. Princeton University Press, 2015. 536 p.
Federal Law No. 7-FZ of January 12, 1996 «On non-profit organizations» // Collection of Legislation of the Russian Federation of January 15, 1996 No. 3, Article 145.
Decree of the Government of the Russian Federation of April 25, 2012 N 387 «On the forms of reports related to the investment of temporarily available funds of a state corporation, a state company, and the procedure for submitting and disclosing these reports» // SZ RF. 2012. N 19. St. 2412.
Agapov A.B., «Corporate property» // «Administrative law and process», 2020, N 3.
Baramidze, Georgy Alekseevich. Financial and legal regulation of the activities of the state corporation «Rosatom»: abstract of the dissertation of the Candidate of Legal Sciences: 12.00.04 // Baramidze Georgy Alekseevich; [Place of protection: Moscow State Law. O.E. Kutafin Academy of Sciences].-Moscow, 2017. -
«The state's share in the Russian economy has exceeded 50% and hinders the development of competition» // Official website of the Federal Antimonopoly Service // May 06, 2019, 11:24 // URL:https://fas.gov.ru/publications/18306
Decree of the Government of the Russian Federation dated October 6, 2021 No. 2816-r On Approval of the List of initiatives of Socio-economic development of the Russian Federation until 2030 URL:http://government.ru/docs/43451/
Olga Ageeva, «The public sector has gained a foothold in the gray zone» // NEWSPAPER SPECIAL ISSUE No. 831 (0000) (3108) ECONOMICS, AUG 27, 2020 // URL:https://www.rbc.ru/newspaper/2020/08/31/5f46759e9a79477784569e00
Du Boff R. Accumulation and power: an economic history of the USA // Richard B. Du Boff. New York: Routledge, 2015. 227 p.
Whincop М. Корпоративное управление в государственных корпорациях // М. Whincop. Лондон: Рутледж, 2017. 264 с.
Ehrmann H.V. Organized business in France // H.V. Ehrmann. Princeton University Press, 2015. 536 p.
Federal Law No. 7-FZ of January 12, 1996 «On non-profit organizations» // Collection of Legislation of the Russian Federation of January 15, 1996 No. 3, Article 145.
Decree of the Government of the Russian Federation of April 25, 2012 N 387 «On the forms of reports related to the investment of temporarily available funds of a state corporation, a state company, and the procedure for submitting and disclosing these reports» // SZ RF. 2012. N 19. St. 2412.
Agapov A.B., «Corporate property» // «Administrative law and process», 2020, N 3.
Baramidze, Georgy Alekseevich. Financial and legal regulation of the activities of the state corporation «Rosatom»: abstract of the dissertation of the Candidate of Legal Sciences: 12.00.04 // Baramidze Georgy Alekseevich; [Place of protection: Moscow State Law. O.E. Kutafin Academy of Sciences].-Moscow, 2017. -
«The state's share in the Russian economy has exceeded 50% and hinders the development of competition» // Official website of the Federal Antimonopoly Service // May 06, 2019, 11:24 // URL:https://fas.gov.ru/publications/18306
Decree of the Government of the Russian Federation dated October 6, 2021 No. 2816-r On Approval of the List of initiatives of Socio-economic development of the Russian Federation until 2030 URL:http://government.ru/docs/43451/
Keywords:
state corporation, financial and budgetary control, state authorities, the Audit Chamber of the Russian Federation, the Treasury of the Russian Federation, procurement, annual reporting, financial statements.
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