Published: 15 January 20141 Views0 Downloads
In a free market, government uses indirect leveraging to regulate the economy as the role of the State in solving socio-economic problems in the modern era increases and necessitates for an effective use of management practices, necessary to pay special attention to controls as the final stage of the management cycle. In connection with the adoption of the new Federal Law of 11 January 1995, N 4 -FZ “On the Accounts Chamber of the Russian Federation « the legislation substantially increases the responsibilities of the Accounting Chamber as the main external Audit Institution. The legislation harmonizes the global experience in public auditing within the modern legal framework of the Russian Federation.
