Annotation

This article examines amendments to the Budget Code of the Russian Federation regarding the introduction of an innovative method of state (municipal) financial control — “control monitoring” as well as practical ways to implement it. Specifically, Federal Law No. 432-FZ of November 28, 2025, “On Amendments to the Budget Code of the Russian Federation and Certain Legislative Acts of the Russian Federation” introduced the concept of control monitoring as an operational, continuous mechanism for assessing the effectiveness of budgetary funds. This method differs from traditional forms of control (office and on-site) in its preventive focus: it involves regular data analysis in real time without the need for audits and inspections, which helps minimize the risk of violations and optimize spending. Control monitoring is implemented through the digitalization of processes: the integration of financial control bodies' information systems (e.g., the Electronic Budget platform) with recipient databases. Key steps include: creating risk-based control profiles based on automated analysis of indicators (liquidity ratios, liability dynamics, etc.); monitoring key indicators online using APIs and big data; automatic generation of alerts on potential violations for subsequent response. These changes contribute to increased transparency of the budget process and the effectiveness of control, in line with the goals of the Digital Economy national project. In the future, the regulatory framework needs to be refined to ensure its unification.