Foreign experience in auditing the effectiveness of inter-budgetary relation

Abstract

This scientific article examines the foreign experience of auditing the effectiveness of
inter-budgetary relations. A comparative analysis of the existing regulatory and methodological
framework for conducting performance audit of inter-budgetary relations of the studied states
reflected that the main principal approaches, principles, goals in the studied states seem, in general,
oriented and comply with the ISSAI 300, 3000 and 3100 standards. Regulation of inter-budget
relations is the main mechanism for their effectiveness. Financial alignment is the way to provide
financial resources. An efficiency audit is characterized by an assessment of the final results of
government expenditures, including administrative and organizational systems. A comparison of
the practical aspects of auditing the effectiveness of inter-budgetary relations in different countries
revealed differences in powers, organization and methods used. Any performance audit manual
is not able to fully cover all possible approaches, methods and methods of such an audit, since in
practice they may include any aspects of the social sciences. In addition to this, performance audit
deals with a variety of issues and problems related to the entire field of public administration.