REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Financial Fraud in the Budget Sphere: Economic Essence and Varieties
Voznyak H. V.

Voznyak, Halyna V. (2020) “Financial Fraud in the Budget Sphere: Economic Essence and Varieties.” Business Inform 4:334–339.
https://doi.org/10.32983/2222-4459-2020-4-334-339

Section: Finance, Money Circulation and Credit

UDC 343.9:343.37(477)

Abstract:
The spread of financial fraud processes over the past decade has taken on a special significance in all sectors of the economy, as it has become one of the major threats to our country’s economic security. Therefore, finding methods to identify, counter and neutralize threats to the national security of the State caused by the consequences of financial fraud is a contemporary direction of scientific research. In this sense, the budget sphere is a picky object of attention of fraudsters, thereby actualizing the mentioned problem. The research is aimed at substantiating the theoretical bases of financial fraud in the budget sphere, analyzing and systematizing its types, determining the directions of counteracting. The essence of the concept of «financial fraud» is clarified, the author’s own vision of the concept of «financial fraud in the budget sphere» is substantiated, which is disclosed from the position of comprehensive approach, with integration of the views of scientists as much as possible. It is proposed to interpret this concept as violations of legislation and budgetary discipline in order to obtain own benefit or benefit for third parties, which led to the loss / or lack of funds in the budget and theft of public and communal property. Methods of financial fraud in the budget sphere and features of manifestation are defined. Its elements are presented, whereto is suggested to include: implementation purpose, origin area, and breadth of coverage. A typology of financial fraud in the budget sphere is proposed. It is noted that the most common types of financial fraud in the budget sphere are fraud in order to seize budget funds and violation of budget legislation without signs of theft. These include misuse of budget funds, illegal expenditures, as well as fraud with tender purchases and the seizure of budget funds.

Keywords: fraud, financial fraud, budget sphere, financial fraud in the budget sphere, budget funds.

Fig.: 1. Bibl.: 12.

Voznyak Halyna V. – Doctor of Sciences (Economics), Senior Research Fellow, Senior Research Fellow, Department of Regional Financial Policy, Institute of Regional Research named after M. I. Dolishniy of the NAS of Ukraine (4 Kozelnytska Str., Lvіv, 79026, Ukraine)
Email: [email protected]

List of references in article

Bura, O. V., and Dobrovolska, I. I. “Finansove shakhraistvo v Ukraini ta zakhody protydii“ [Financial Fraud in Ukraine and Countermeasures]. http://libfor.com/index.php?newsid=2879
Sakhnevych, S. “Kliuchovi faktory vynyknennia finansovykh manipuliatsii, piramid ta masovykh spekuliatsii“ [Key Factors in the Emergence of Financial Manipulation, Pyramids and Mass Speculation]. Innovations.com.ua. 2011. http://innovations.com.ua/ua/articles/14390/temp
“Fenomen finansovykh piramid. Eksperty radiat zakhyshchatysia vid podibnykh shakhraiskykh skhem samostiino“ [The Phenomenon of Financial Pyramids. Experts Advise to Protect Yourself from Such Fraudulent Schemes Yourself]. Khreshchatyk. http://www.kreschatic.kiev.ua/print/art/1346179696.html
“Regulating fraud in financial markets: can behavioural designs prevent future criminal offences?“ https://www.ingentaconnect.com/content/hsp/jrmfi/2014/00000007/00000002/art00011
“Examining the Effects of Motive and Potential Detection on the Anticipation of Consequences for Financial Statement Fraud“. https://www.researchgate.net/profile/Marcus_Odom/publication/265012489_Examining_the_Effects_of_Motive_and_Potential_Detec_the-Effects-of-Motive-and-Potential-Detection-on-the-Anticipation-of-Consequences-for-Financial-Statement-Fraud.pdf
Velykyi tlumachnyi slovnyk suchasnoi ukrainskoi movy [Large Explanatory Dictionary of the Modern Ukrainian Language]. Kyiv; Irpin: VTF «Perun», 2007.
Cherniavskyi, S. S. “Naukovi osnovy rozrobky kryminalistychnoi metodyky rozsliduvannia finansovoho shakhraistva“ [Scientific Bases of Development of Forensic Methods of Investigation of Financial Fraud]. Naukovyi visnyk Kyivskoho natsionalnoho universytetu vnutrishnikh sprav, no. 6 (2008): 89-100.
Karpovich, O. G. Aktualnyye ugolovno-pravovyye problemy s finansovym moshennichestvom [Actual Criminal law Issues with Financial Fraud]. Moscow: YuNITI-DANA; Zakon i pravo, 2011.
Chornutskyi, S. P. “Sut i metodyka vyiavlennia faktiv finansovoho shakhraistva“ [The Essence and Methods of Detecting the Facts of Financial Fraud]. Ekonomika ta derzhava, no. 7 (2011): 127-131.
Kizyma, T., and Khamyha, Yu. “Finansove shakhraistvo: teoretychna kontseptualizatsiia ta ekonomichne pidgruntia“ [Financial Fraud: Theoretical Conceptualization and Economic Basis]. Svit finansiv, no. 2 (59) (2019): 109-123.
Ilin, I. V. “Teoreticheskiye osnovy borby s moshennichestvom, sovershayemym v ekonomicheskoy sfere (ugolovno-pravovyye i kriminologicheskiye problemy)“ [Theoretical Foundations of the Fight against Fraud Committed in the Economic Sphere (Criminal law and Criminological Problems)]: avtoref. dis. ... kand. yurid. nauk : 12.00.08, 2011.
“Konventsiia shchodo zakhystu finansovykh interesiv Yevropeiskykh spivtovarystv : Akt Rady YeS vid 26 lypnia 1995 roku“ [Convention on the Protection of the European Communities' Financial Interests: Act of the Council of the EU of 26 July 1995]. https://www.kmu.gov.ua/storage/app/media/uploaded-files/radi-vid-26-lipnya-1995-roku-pro-ukladennya-konventsii-pro-zakhist-finansovikh-interesiv-evropeyskikh-spivtovaristv-95c-31603.pdf

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»