February 1934 - the 17th Party Congress decreed the abolition of the RKI and the reorganization of the TsKK into the Party Control Commission under the TsK VKP(b). A new organ was established - the Soviet Control Commission under the Council of People's Commissars USSR. This Commission existed from February 1934 to September 1940 and was responsible mainly for checking on execution of government decrees. It did not control monetary or material expenditures. This control, ineffective though it was, was carried out by organs of the People's Commissariat of Finance and internal auditors.