“…The development of ITT has had a significant impact on the activities of public authorities. ITT have gained particular importance in the field of managing the movement of public financial flows, ensuring the accountability of government activities to civil society (Fadeykina, Clushakova, Mikhailov, & Tsygankov, 2016;Gray, 2015). Today, the activities of all participants in the budget process, and, in particular, the treasury systems of the countries of the world, are based upon the widespread use of ITT (Tandberg, 2005;Potter & Diamond, 2000;Hashim & Moon, 2004), which made it possible to ensure proper control over the movement of funds of the centralized money funds.…”