Public Financial Management Act
This course provides a comprehensive understanding of the Public Financial Management Act (PFMA), a key piece of legislation governing the management of public finances in South Africa. The training c...
Course Overview
This course provides a comprehensive understanding of the Public Financial Management Act (PFMA), a key piece of legislation governing the management of public finances in South Africa. The training covers the principles, responsibilities, and compliance requirements stipulated in the PFMA, with a focus on promoting transparency, accountability, and sound financial governance in national and provincial government departments and public entities. Participants will learn how to interpret and apply the PFMA in day-to-day operations, understand the roles of accounting officers and authorities, and ensure proper planning, budgeting, expenditure control, and financial reporting in alignment with good governance practices.
Upon completion of this training, participants will be able to:
- Upon completion of this training, participants will be able to:
- Understand the structure and intent of the PFMA
- Comply with financial management and reporting obligations
- Strengthen financial planning, control, and accountability mechanisms
- Apply PFMA principles in budgeting, procurement, and performance management
- Identify risks and ensure compliance with audit and oversight requirements
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