METHODOLOGICAL FOUNDATIONS OF THE FORMATION AND DEVELOPMENT OF THE FINANCIAL SYSTEM

This scientific article is devoted to the study of the modern financial system, taking into account the improvement of the methodology for forecasting the income of centralized funds, which contributes to the integrated development of the financial system, since forecasting the income of centralized funds is particularly important in ensuring the macroeconomic stability of the state and the development of sustainable financial management. The article examines the decomposition of the fundamental elements of the financial system, contributing to an understanding of their dynamic interrelationships. A systematization of the key elements and functions of the financial system is presented, which also determines the role of each element in the overall system. The traditional and modern methodologies of financial management are investigated. The article proposes the author’s hybrid methodology for forecasting the income of centralized funds, combining the quantitative rigor of econometric analysis with the flexibility of a scenario approach, as well as a model of income variability factors of centralized funds.