The stability of the treasury system as a result of treasury risk management

Relevance. The fundamentals of control activities are based on effective risk management. The main burden on the internal control system is aimed at ensuring compliance by the audit subject with regulatory and legislative acts governing the activities of treasury bodies, timely detection and prevention of treasury risks in order to implement the necessary preventive measures aimed at minimizing the likelihood of the occurrence of negative consequences associated with them for the activities of the department. The purpose of the study is to assess the stability of the treasury system as a result of treasury risk management. Objectives: consideration of theoretical and organizational and legal aspects of budget execution, assessment of the treasury system, determination of areas for improving treasury control as a factor in operational efficiency in managing the budget process at the regional level. Methodology. The authors used general scientific methods of research, vertical and horizontal analysis, comparison, summary and grouping, generalization of scientific practice, forecasting. Results. The conducted research allowed to form and highlight the following scientific results: to determine the role of treasury bodies in the system of state financial control at the regional level, to conduct a general analysis of the activities of the Federal Treasury Department in the Kursk Region and to analyze the treasury execution of the budget of the Kursk Region, to identify risks for the treasury system when introducing the digital ruble. Conclusions. Control is the main procedure of the treasury system of budget execution. Cash servicing of budget execution involves the implementation and accounting of cash transactions on income and expenses and sources of financing deficits. The Federal Treasury Department in the Kursk Region plays an important role in the financial system of the region and contributes to sustainable development. The use of a risk-oriented approach by treasury bodies involves the selection of objects of external control of entities of audit activity based on the analysis of the risks of their activities, the application of international audit standards, which is aimed at reducing the audit time, reducing duplicate control functions, forming a unified management paradigm of public management applied in related control and supervisory bodies in the financial and budgetary sphere of Russia.