Municipality Financial Management Act
The Municipal Finance Management Act (MFMA), Act No. 56 of 2003, governs financial management in South Africa�s municipalities and municipal entities. This course equips participants with practical kn...
Municipality Financial Management Act
Course Overview
The Municipal Finance Management Act (MFMA), Act No. 56 of 2003, governs financial management in South Africa�s municipalities and municipal entities. This course equips participants with practical knowledge and tools to implement the MFMA effectively and to support sound financial governance, service delivery, and accountability at the local government level. The training covers planning and budgeting, expenditure control, revenue management, supply chain management, reporting, internal controls, and oversight responsibilities. The course also highlights the roles of various stakeholders, including the municipal manager, CFO, council, and external oversight bodies.
Upon completion of this training, participants will be able to:
- Upon completion of this training, participants will be able to:
- Understand and apply the key provisions of the MFMA
- Enhance transparency and accountability in municipal finances
- Support effective service delivery through sound financial planning and control
- Manage municipal revenue, expenditure, and procurement processes within the law
- Comply with reporting, auditing, and oversight requirements
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