Itskovich B.F.Candidate of Economic Sciences, Associate Professor of the Finances and Credit Department, Ural State Technological University – UPI, Yekaterinburg bickovich@yandex.ru
If one attempts to determine whether or not the concept of budget control used in the Budget Code of the Russian Federation (later BC RF) today is legitimate, he or she would suddenly realize that there are several inadequacies: First of all, in the statute # 6 BC RF «Concepts and terminology in BC RF» there is not any mention of the concept budget control, which is under investigation in this paper; moreover, it is replaced by financial control, whose definition is withheld. Secondly, the concept financial control, as it is used in the BC RF as a synonym to budget control is much broader in application because the finance category includes such varied subcategories as budget, taxes, customs, banking and others. The points above, as well as ten years of experience and knowledge allow the author, who has taught «Budget system of the Russian Federation» for ten years at the Urals State Technical University, to present the reader with his analysis of this contradictory nature of these two core concepts, financial control and budget control.
Keywords: budget control, financial control, taxation control, customs control, banking control, foreign currency control, legislative body control, executive body control, treasury control, control of the Federal office for financial and budget control, control of executive directors
