On 14^th-15^th of December 2011 on initiative of the State Financial Inspection of Ukraine within the frameworks of the joint Project “Public Finances Modernization” with the International Bank of Reconstruction and Development the training on the theme: “Automation of the process of planning of the control and revision work based on risks estimation of financial breaches committing by the controlled entities” was held.

Deputy Chairman of the Main Control and Revision Office of Ukraine – Head of the Commission on Reorganization of the MainCRO Olena Chechulina opened the seminar. During her appearance she was talking about the purpose and tasks of the Project on the whole and its importance for the State Financial Inspection. Full introduction of the relative system of the risk-oriented planning has become possible only with the beginning of realization of the Project “Public Finances Modernization”.

300 persons participated in the seminar. Deputy Chiefs of the regional CROs, personnel of the State Financial Inspection and its territorial subdivisions, scientists were among them.

Representatives of the State Financial Inspection, the National Bank of Ukraine, the State Tax Administration, and the Chamber of Accounts, experts of the USAID Project, ADETEF, and Co-Chief of the joint Project of the Netherlands Ministry of Finances and the State Financial Inspection as well as native scientists appeared before the participants of the training.

In the course of the training Methodology for accumulation, summarizing and use of information for risks estimation created in the frameworks of the Project was presented, the following issues were considered: of reformation of the process of planning based on risks, European model of risks management, theoretical aspects of identification and risks estimation, carrying out of audit using informational technologies and risks dealing with its application, system of risks estimation as the basis of planning of activity of the higher control bodies of the foreign countries.

Today the State Financial Inspection aims is to improve approaches to planning of the control and revision work via introduction of the mechanism of selection of the controlled objects for inspection and audit based on risks estimation of possibility of financial breaches committing. Such approaches should improve the results of the control measures and decrease the man-hour for their conduction.