UDC 336.145.1 (075)
© I. M. Solomko, M. N. Solomko, 2011
RISK ASSESSMENT OF BUDGETARY PROCESS: THEORETICAL ASPECT
Budget risk management is one of the perspective but not enough developed directions of public finance improvement. This article covers the approaches to qualitative and quantitative risk assessment of the budgetary process. The use of risk classifications for the qualitative assessment (characterization), as well as application of the quality system of financial management of chief administrators of budget funds for risk assessment of the budgetary process are suggested.
Keywords: budgetary process, risk, risk management, risk classification, quantitative assessment methods
References:
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