Finances of Public Institutions in the Context of a Supply-side Economy (using the example of FBI CSM)

The subject of the study is the economic relations that arise in the process of organizing and functioning the finances of public institutions in the context of supply — side economics. The objectives of the work are to conduct a financial analysis of the activities of a federal budget institution using the example of the state regional Center for Standardization, Metrology and Testing of the institution (FBI CSM), identify weaknesses in its financial and economic activities, taking into account the specifics of the supply economy to ensure sustainable development and perform functions in accordance with the legislation of the Russian Federation, as well as prepare specific proposals to improve financial management. The essence of supply-side economics is considered. The result of the study was the development of proposals to improve the financial condition and strategic planning in FBI CSM. It is concluded that in the context of the formation of a supply-side economy, it is necessary to pay special attention to the planning of income-generating activities in public institutions and the management of accounts receivable and payables.