Sirkin R.V.Scientific and Production Association Special Equipment and Telecoms of the Ministry of the Internal Affairs of the Russian Federation, Moscow, Russian Federation firstname.lastname@example.org ORCID id: not available
Subject The article addresses the basics of control and methodological support to financial control over research and development (R&D) under government contracts by contracting authorities, including economic risks inherent in their internal control systems. Objectives I focus on developing economic criteria like control and methodological tools, enabling to establish documented and economically justified actual expenditures for R&D of contractors under government contracts. Methods The research methodology rests on the analysis and identification of actual problems and economic risks when implementing R&D under government contracts. Results I developed economic criteria to confirm the actual expenditure of contracting organizations for performing R&D under government contracts. These criteria can be used to determine the objective cost of R&D when determining the effectiveness of budgetary funds use, to increase the objectivity of justifying the initial (maximum) prices of contracts. Conclusions The existing economic risks of financial control can be minimized through continuous implementation of control and analytical procedures by the contracting authority regarding the level of actual cost of R&D of the contractor. The proposed economic criteria will help contracting authorities organize verification of actual expenditure and evaluate the economic feasibility and expediency of such expenditure by type of costs.
Keywords: financial control, cost control, internal control system, research and development, economic criteria
Sirkin R.V., Agapova T.N. [Analyzing internal control in buying organizations as part of public procurement for research, development, experimental and technological projects]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2016, no. 41, pp. 2–10. URL: Link (In Russ.)
Agapova T.N., Suglobov A.E. [The technique of the analysis of the patterns of socio-economic indicators]. Voprosy regional'noi ekonomiki, 2014, no. 3, pp. 3–9. URL: Link (In Russ.)
Suglobov A.E., Svetlova V.V. Vnutrennii kontrol' v sisteme obespecheniya ekonomicheskoi bezopasnosti kreditnykh organizatsii: monografiya [Internal control in the system of economic security of credit institutions: a monograph]. Moscow, Gorodets Publ., 2015, 140 p.
Markina E.V., Yakushina T.A. [The efficiency of the State internal financial control]. Vestnik Finansovogo universiteta = Bulletin of Financial University, 2016, vol. 20, no. 5, pp. 73–86. URL: Link (In Russ.)
Govorin A.A., Svirchevskii V.D., Fialkovskii D.G. [Anti-corruption key to control the efficiency of the economy]. Vestnik ekonomicheskoi bezopasnosti, 2016, no. 2, pp. 288–296. URL: Link (In Russ.)
Patrucco A.S., Luzzini D., Ronchi S. Evaluating the Effectiveness of Public Procurement Performance Management Systems in Local Governments. Local Government Studies, 2016, vol. 42, no. 5, pp. 739–761. URL: Link
Burtsev V.V. Gosudarstvennyi finansovyi kontrol': metodologiya i organizatsiya [State financial control: methodology and organization]. Moscow, Marketing Publ., 2009, 390 p.
Belyaeva E.S. [Evaluation Criteria of the State Financial Control]. Izvestiya Yugo-Zapadnogo gosudarstvennogo universiteta. Ser.: Ekonomika. Sotsiologiya. Menedzhment = Proceedings of the South-West State University. Economics. Sociology. Management, 2015, no. 3, pp. 118–124. URL: Link (In Russ.)
Lukin A.G. Sistema finansovogo kontrolya na predpriyatii: monografiya [The system of financial control at the enterprise: a monograph]. Moscow, Kreativnaya ekonomika Publ., 2014, 176 p.
Boboshko V.I. [Efficiency audit as an element of state financial control in innovational economics]. Vestnik ekonomicheskoi bezopasnosti = Vestnik of Economic Security, 2015, no. 7, pp. 142–146. URL: Link (In Russ.)
Dyatlova A.F. [The role of internal control in the management of the economic entity]. Innovatsii i investitsii = Innovation and Investment, 2013, no. 8, pp. 94–98. URL: Link (In Russ.)