Specific Methodological Approaches to Managing State Finances

The article considers advantages and shortcomings of methodological approaches which are applied in public finances management, namely : synergy, structural and functional, functional and cost, and socio--cultural approaches. In particular, by means of synergy approach it was defined that fluctuations which took place in Ukraine in 2014 (emergence of separatist sentiments and the Russian Federation`s direct invasion on the Ukraine territory) entailed a wave of transformations in all the public life spheres, including public finances management. Besides, influence factors on the public finances control system were defined within such approach. Reasonably, that use of structural and functional approach will promote to attach the state bodies with certain functional duties to the relevant public institutes. The model of such distribution is offered in the article. It is noted, the effect of such management implementation can be determined by structural and cost approach in public finances management, that is the price which society will pay by for it. Based on empirical researches it is reasonable that state managers in Ukraine without providing economic growth spend more and more budgetary funds to maintain themselves. The research determined, it is impossible to satisfy public interests in management of public finances not using socio--cultural approach, which procedures are formed in it.