Every country is concerned with the problem of corruption. Selfish misuse of public office undermines the people's confidence in government and institutions, makes public policies less effective and fair, and misuses taxpayer funds that could be used to build schools, roads and hospitals. Financial risk management in public administration is based on risk assessments and finding tools to help influence them. To develop practical tools for financial risk management, the authors studied the economic practises that determine the features of financial risk assessment. They identified the elements that can motivate financial risks, including three stages of identification and analysis of risks, analyzed the main stages and indicators of assessing an organization's financial condition based on the balance sheet, produced a risk assessment algorithm and risk minimization methods in managing financial activities, and conducted a comparative analysis of financial risk assessment methods. Based on the Professional Integrity Framework proposed by the Organization for Economic Cooperation and Development, the authors developed basic measures to mitigate the potential negative consequences and proposed seven financial risk management tools for public administration. The proposed anti-corruption tools will help significantly reduce financial risks in public administration and corruption in general.
Researchers consider the development of legal competence as a scientifically based system of organizing and stimulating the educational and intellectual activities of officers, purposeful, systematic pedagogical influence in order to expand their information and legal space. To develop the legal competence of security and defense sector officers the content of their professional training includes consideration of current problems of legal support for the activities of State Border Protection bodies and the latest threats and challenges to border security. It is proposed to model practical situations based on the professionally oriented problems for officers to learn the skills to make legally justified management decisions on the protection of the state border; to use online services, digital databases and online tools for officers to master the skills of obtaining up-to-date legal information; to provide pedagogical support for self-educational activities of officers to study the legal aspects of border protection.
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