The order of goals in financial monitoring: History and modernity

Abstract

Aim. Theoretical study of the development of financial monitoring in world and Russian practice, development of trends and conclusions about the development of financial monitoring and the impact of economic processes on it. Tasks. To analyze the development of financial monitoring in world and Russian practice, to consider the evolution of the object in the categories of the method “The order of goals”, to consider the possibilities of the impact of financial monitoring on the activities of an industrial enterprise, to study the basic state of financial monitoring. Methods. In the work, the author uses methods of generalization, comparison, critical analysis, tabular, categorical method — “The order of goals”. Results. The conclusion about the evolutionary development of financial monitoring is formulated. A list of trends in the development of financial monitoring in world and Russian practice has been developed, a conclusion on the change in financial monitoring has been formulated; recommendations for further study of financial monitoring for use in the industrial sector of the economy have been given. Conclusions. The conducted research shows that the development of financial monitoring can be compared with the change in financial management, the evolution of financial monitoring depended on an increase in the complexity of financial processes and the required assessments of the organization's activities, the results of the study will contribute to further study of financial monitoring.