65-011 Public finance (budget)
second cycle Master degree study programme Economics and Finance
Course Supervisor: Prof. Tatjana Horvat
Content
- Public Sector Finance. The contents and key terms: The essence of Finance.
Finance functions. Financial system. Finances of the public sector in the
structure of the financial system. The content, structure and levels of public
and municipal finance.
The budgetary system - the contents and key terms: - Budget revenues and expenditures. The contents and key terms: Revenue budgets. The formation of budget revenues. Types of budget revenues. Tax and non-tax revenues. Own revenues. Revenues of the federal, regional and local budgets. The powers of the federal bodies of legislative and executive authorities on the formation of budget revenues.
- The surplus and deficit. State debt. The contents and key terms: The
concept of deficit and the budget surplus. Sources of financing the federal
budget
Intergovernmental relations. Forms of inter-budgetary transfers provided from the federal budget. Terms of inter-budget transfers from the federal budget.
Budget process. - Preparation, review and approval of the budgets of projects in the medium-term budget planning. The contents and key terms: Basis of preparation, review and approval of the budgets of projects in the medium-term budget planning.
- Fundamentals of budget execution. Treasury execution of budgets. Fundamentals of budget execution. The principle of the unity fund. Summary budget painting. Implementation of the budget income. The main stages of execution of the expenditure budget. Notice of the budget appropriations. The estimate of revenue and expenditure of budgetary institutions. The budget commitment. Adoption and adjusting limits of budgetary obligations. Changing the limits of budgetary obligations. Adoption of financial obligations. Confirmation of financial obligations. The expenditure of budgetary funds. Change of budget allocations. Reduction of budget expenditures. Lock budget.
- Cash budget execution service agencies of the Federal Treasury. Types of accounts opened in the organs of the Federal Treasury.
- State financial control. Financial control: concept, types, principles. State and municipal financial control. Bodies of state and municipal financial control. financial control principles. Forms and methods of state (municipal) financial control. The effectiveness of financial control. General characteristics of financial control in the public sector. Legal regulation of financial control in the public sector. The forms of financial control. Bodies of fiscal control. Methods of budgetary and financial control. Control over the targeted use of budgetary funds. Financial control over the execution of the federal budget and state extra-budgetary funds. Financial control at the regional level. Municipal financial control. Responsibility for violation of budget legislation. The application of measures of responsibility.
- Public finance in Russian federation.