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International Scientific Siberian Transport Forum

TransSiberia 2019: VIII International Scientific Siberian Transport Forum pp 874–886Cite as

Financial Analysis in Budgetary Institutions

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Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1116))

Abstract

The article illustrates the relevance of developing new directions in the analysis and performance evaluation techniques aimed at results-based management optimizing the use of budgetary institutions’ resources. It is noted that among the existing funds, a set of measures of public administration and improving the efficiency of the use of Finance has been developed. The paper considers and analyzes the problems that hinder the construction of an effective system of analysis. The aim of the study was to find innovative approaches to the formation of a system to improve the efficiency of the use of public financial and material resources. The assessment of a state institution’s financial condition, its financial results, and risks is implemented by analysing the financial and economic activities of the budgetary institution. The article addresses the problem of determining the proper objectives of financial analysis in an institution, along with the sources of information. The authors also assess the priority methods. The article also analyzes the risks of the budget institution and assesses them in terms of inefficiency of budget execution on the basis of both accounting (financial) statements and non-accounting information. In General, the mechanism of financial analysis, which allows to increase the effectiveness of state control, is proposed.

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Author information

Authors and Affiliations

  1. Moscow State University of Civil Engineering, Yaroslavskoye Shosse, 26, 127083, Moscow, Russia

    Larisa Gerasimova

Authors
  1. Larisa Gerasimova
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Correspondence to Larisa Gerasimova .

Editor information

Editors and Affiliations

  1. Department of Roads, Airports and Railways, University of Belgrade, Belgrade, Serbia

    Zdenka Popovic

  2. Siberian Transport University, Novosibirsk, Russia

    Aleksey Manakov

  3. Peter the Great St. Petersburg Polytechnic University, St. Petersburg, Russia

    Vera Breskich

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Gerasimova, L. (2020). Financial Analysis in Budgetary Institutions. In: Popovic, Z., Manakov, A., Breskich, V. (eds) VIII International Scientific Siberian Transport Forum. TransSiberia 2019. Advances in Intelligent Systems and Computing, vol 1116. Springer, Cham. https://doi.org/10.1007/978-3-030-37919-3_87

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  • DOI: https://doi.org/10.1007/978-3-030-37919-3_87

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-37918-6

  • Online ISBN: 978-3-030-37919-3

  • eBook Packages: EngineeringEngineering (R0)

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