Evolution and legal regulation of financial control in state institutions of Lithuania under context of EU

Abstract

Restored independence of Lithuania not enough of required attention have been paid on internal financial control as on other sorts of public financial controls. Facts of in appropriate or non-effective usage of assets in processes of management of budget of state estimates together with other circumstances have been possible under conditions internal financial control being just under creation and had not possessed experience of EU countries. Necessity of legal regulation of internal financial control has come clearer while reaching member ship in EU. Match to requirements of EU on regulation of financial control has been one of basic conditions of integration in EU. EU has formed a demand for negotiable position for separate questions of financial control in 1999.1 Noting meaning and complexity of negotiable chapter of financial control EU has shown that internal financial control acting orderly is the main condition of success of actual and effective position of finance to be granted.2 Reform of decentralization of position and control of finance in common has also some impact on importance of these questions as had been being used in European Commission after 1999. This had stimulated creation of legal acts regulating financial control in countries members of EU. Object of investigation – control of internal finance public sector as in effective assumption of implementation of state budget and integration of the finance system of EU, legal acts regulating it's principles and their analysis and factors of acting of internal financial control.