Klimova S. Organizational and Legal Basis of Public Finance Management in Ukraine

The object of research: social relations pertaining to the process of the organization and management of public finances. The research objective: determining the organizational and legal basis of public finance management, and developing proposals and recommendations aimed at improvement of administrative legislation. The methods used: semantic analysis, logical and judicial, grouping, system and structural, and other methods. Scientific novelty: an author’s definition of the notion of ‘public finance management’ is given; the content of the organizational and legal basis for managing public finances has been revealed; an author’s version of administrative and legal classification of the regimes of public finance circulation is provided; an author’s draft law on an integrated system of public finance management has been proposed. The features of a complex inter-branch institution of public finance management have been established; this institution is to ensure the integrality, further functioning and development of management in the financial sphere, guaranteeing the regularity of financial and management relations. The system of subjects managing public finances has been outlined, with separating two groups of subjects who perform direct and indirect management. Practical application: the significance of the research lies in that the work has provided a comprehensive analysis of public finance management: in particular, its organizational and legal framework, and essence have been explored, which expands the scientific vision of the object under study. The sphere of implementation: the material can be used for preparation of the course of lectures and delivery of the disciplines of ‘Law in Public Administration’ and ‘Legal Regulation of Financial Relations’, etc.