The role of state audit in the formation of investment climate: regional aspect

The relevance of the study is due to the need to strengthen control over the implementation of the regional investment policy to activate investment processes. The article clarifies the role of public audit of the use of public resources to create a favorable investment climate, ensuring investment flows to the regions, as well as methodological approaches to conducting control measures. The study used formal logical, statistical methods, analysis and synthesis. As an element of scientific novelty, the authors formulated a version of a possible topic for a control measure, as well as audit objectives and questions of a control measure program, the implementation of which will provide data for conclusions and conclusions on its results. It is proved that the state audit covers the entire cycle of using budget funds to create a favorable investment climate as a result of the preliminary, current and subsequent audit by applying the following types: a strategic audit; financial audit; performance audit.