Monitoring and audit as a tool for achieving the balance of private and public interests in financial law

• Published in: Аналітично-порівняльне правознавство no. 5; pp. 391 - 396
• Main Author: Prots, I.M.
• Format: Journal Article
• Language: English
• Published: 17.11.2023
• ISSN: 2788-6018; 2788-6018
• DOI: 10.24144/2788-6018.2023.05.69

Based on a comprehensive systemic analysis of national legislation, in the context of European integration, the article examines the search for an optimal balance between private and public interests and does not lose its relevance. The conflict of such interests is inevitable. Regulation of bills, authorities in the sphere of implementation by the state of fiscal functions and the implementation of financial control. Smoothing out the differences between taxpayers and tax authorities is possible with the help of tools such as monitoring and audit. Analysis of legal norms that regulate the procedure for identifying problems that arise in their stagnation of the significance of their development. All this nutrition will require scientific understanding. Meta: based on the analysis of the specifics of conducting ongoing monitoring and auditing in the field of financial activity. Show the possibility of achieving a balance of private and public interests. The statistics have different methods of analysis and synthesis, formal-logical, legal-legal, historical, statistical. It been shown financial and tax donations can effectively reveal the fiduciary character; the essence and function of subordinate monitoring as an innovative form of subordinate control. A relationship between audit and financial control carried out, and the role of subordinate monitoring established for optimal coordination of private and public interests. The main functions of in-process monitoring and audit seen - fiscal, preventive, and analytical. In order further, explore the balance between private and public interests, it is necessary to look at the prospects for developing significant forms of financial control, expanding the number of subjects of government, so that financial monitoring can carried out. The idea of viability of financial authorities substantiated. Audit findings within the framework of the categories of participants in foreign economic activities to assess the financial stability of renewed economic operators.