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COURSE OVERVIEW

It is important for officials working in Government to have a good understanding of the legislation governing public finance in order to fulfil their fiduciary duty. Consequently an understanding of the Public Finance Management Act is necessary. A knowledge of the concepts and principles for sound financial management and the accurate reporting thereof are critical. To assist in this regard, AstroTech is offering a training programme on this subject:

The course covers the following key topics:

TOPICS

  • An overview of the PFMA
  • The Financial framework applicable to public officials
  • The major concepts and principles of the PFMA legislation
  • Practical guidance on operational compliance with the main requirements of the PFMA
  • Practical guidance on operational compliance with the main requirements of the Treasury Regulations
  • Implementation of the Public Finance Management Act:
  • Audit committees
  • Internal control
  • Internal audit
  • Annual financial statements
  • Strategic planning and performance management
  • Budgeting and forecasting
  • Investigating misconduct
  • Performance management and reporting in terms of the PFMA
  • Financial reporting and accountability
  • Success factors of good public financial management

And much more!

WHO SHOULD ATTEND

  • Middle Managers in the public sector
  • Senior Managers in the public sector
  • Government Officials
  • Anyone who needs to work with or comply with the PFMA

OUTCOMES

  • Understanding the basic concepts and principles necessary for sound financial management in the public sector
  • Complying with the requirements of the Public Financial Management Act
  • Complying with the Treasury Regulations
  • Understanding how to practically apply the requirements of the PFMA
  • Applying the principles of effective reporting

IN-HOUSE TRAINING

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