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Leading Edge Training

Public Finance Management Act Course Details


At the conclusion of this workshop: You should be able to have a ‘big picture’ understanding of public finance. You will be familiar with the major concepts in public finance legislation in South Africa and how it applies to your department. You should understand your role in ensuring compliance with the statutory requirements of the PFMA. Understanding of the act will help you assess the financial performance and health of your department.

Audience:

This course targets anyone in public service wanting to learn how to comply with PFMA legislation.

Pre-Requisites:

None

Duration:

5 Days

Price:

$990.00 If you are currently resident in South Africa you will need to pay VAT at 14%.   *Discount available

Note: information may change without notice.

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About Public Finance Management Act

Public Finance Management Act is a 5 day course for public servants in government. It is essential for individuals to have a working knowledge of finance. We all play a role in our organisations' financial health, whether we realise it or not. If you don't have training or a background in finances, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your companys' financial structure.

Course Outline


Financial Management Legislations

  • understand the financial management provisions of the Constitution
  • understand the objectives of the Public Finance Management Act
  • understand the role and the function of the Executive Authority and the Accounting Officer
  • understand the role and responsibilities of other officials

 

Financial Management Environment

  • understand financial management as a concepts in the Public Sector
  • understand the functions of the office of the Chief Financial Officer
  • understand the objectives of the Audit Committee
  • understand the function of the Internal Audit unit
  • understand accounting in the Public Sector

 

 Financial Management Functions

  • understand planning and budgeting
  • understand revenue and expenditure management
  • understand supply chain management as well as asset management
  • understand how to deal with losses or damages
  • understand the Private-public partnership
  • understand banking, accounting records as well as financial misconduct

 

 Implementation of the Public Finance Management Act

  • Understanding critical aspects for the implementation of the Public Finance Management Act
  • Understanding how to implement the Public Finance Management Act
  • Understanding the importance of delegations
  • Understand requirement to change policies and procedures

 

 

Delivery Method

Instructor Led classroom based training. Scheduled classes are normally held in Woodmead - near to Sandton in Johannesburg, Gauteng, South Africa. Stationary and textbook included. Refreshments, including 2 tea breaks and a cooked meal for lunch are provided for full time courses. Light finger meals are supplied for part time courses.

Scheduled Dates


There are currently no up and coming Public Finance Management Act courses scheduled.You may request that the course be scheduled. If you are interested please click here to fill out an enquiry form.