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.
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.
You should have a clear understanding of the act that will help you assess the financial performance and health of your department.
Leading Training is focusing on providing virtual training
courses for the foreseeable future and will only consider
in-person and classroom training on request, with a required
minimum group size of four delegates. We remain committed to
offering training that is fast, focused and effective.
Save up to 10% by booking and paying
10 business days before the course.
Information may change without notice.
This course targets anyone in public service wanting to learn how to comply with PFMA legislation.
Course Outline / Curriculum
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 concept 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 the requirement to change policies and procedures
Schedule Dates and Booking
There are currently no scheduled dates.
Please note that this course needs a minimum of 6 delegates to schedule
a course. You can choose to be added to the waiting list by clicking the
button below and we will contact you when we have enough delegates
interested. Should we not get enough delegates, we will refund or credit
your paid booking.
Should you need this course urgently, the following options are
Pay for 6 delegates (whether you have them or not) and we will
schedule the course as soon as possible.
If you have fewer delegates and cannot pay for 6, we can negotiate
a shortened course where some of the time will be spent in blended
learning - watching videos and doing tutorials and exercises with
some contact time with the trainer. We would want to discuss what
your core needs are so that we cover those aspects. You need to have
paid for 3 delegates at least.
Bringing your own PC
It is very important that you have full administrator rights to your
computer so that any software needed for the course can be installed
Please ensure that you arrive at least 30min early on the first day
of training in order to get your PC setup correctly.
If this is not possible then it will be better to make use of our