Paper/Speech Details of Conference Program for the 25th NISPAcee Annual Conference Program Overview V. Public Finance and Management Author(s) Michal Placek Charles University Znojmo Czech Republic Ochrana František, Pucek Milan, Title The Comparison of Bulgaria and the Czech Republic in the Identification of Corruption Risk File Paper files are available only for conference participants, please login first. Presenter Michal Placek Abstract The article focuses on risk assessment of corruption at the individual and systematic levels at the municipal level in the Czech Republic and Bulgaria. For this purpose, we propose the method of Corruption Risk FMEA, which is based on the classic Fault Mode and Effect Analysis used mainly in production. Our model views corruption as an individual action, the application of which revealed significant differences in corruption risk which were detrimental in Bulgaria. The causes of these differences can be seen in the normative attitude of the public towards corruption, the insufficient involvement of the general public, and also the lack in the range of controls. In the final part, the authors offer recommendations for public policy to improve the existing situation in both countries.