PROBLEMS OF FORMATION AND EXECUTION OF LOCAL BUDGET EXPENDITURES

The globalization of capital markets and the imposition of economic sanctions, the improvement of production and information technologies, and innovations in resource management make it increasingly difficult for market actors to carry out normal business activities, to purchase inventories, to ensure the continuity of the production process, and to carry out timely settlements with their counterparties.This requires a complete restructuring of the management process, the development of effective financial technologies for business management, allowing the owners of the organization to ensure the prompt adaptation of the organizational mechanism to changing economic conditions.One of these technologies can be the organization and construction of an effective management system aimed at monitoring and strengthening the liquidity and solvency of the enterprise.