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Public Finance Management Act (PFMA) &
Related Treasury Regulations

Johannesburg 2022 . Dates TBC

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Introduction

The Public Finance Management Act (PFMA) and Treasury Regulations (TR), require the National and Provincial government sphere departments in South Africa to align their budgets to the achievement of their strategic plans. To achieve this, Management in the public sector must be empowered to apply strategic and operational planning principles for effective public service delivery, with us,  Prospen Africa will ensure you get all of that and more.

This training will include reference to the Institutions 2019 – 2020 Strategic Plans, National Treasury MTEF and Budget Guidelines for 2020. This course is designed to assist managers in the public sector to effectively apply the requirement of the PFMA, TR and other related legislation as well as implement public financial management reform initiatives in the South African public sector.

Accreditation

This course is accredited by the Pseta. With Unit Standard 377913 NQF Level 5 with 15 credits.

During this course on PFMA and TR, you will learn to:

  •  

    Familiarise yourself with principles of sound Public Sector Financial Management.
  • Identify the Roles and Responsibilities of Line Managers regarding Public Financial Management.
  • Understand the Core Components of the PFMA and Treasury Regulations (TR).
  • Link the budget to the Strategic and Operational Planning within the MTEF (Medium Term Expenditure Framework).
  • Apply a sound public financial management process with regard to Revenue, Expenditure, Assets and Liabilities and prevent Unauthorised, Irregular and Wasteful Expenditure.
  • Apply effective Risk Management principles and Internal Control Systems.
  • Identify and apply actions required for successful integration of the Supply Chain Management Model into a government department’s management process.

MODULE 1 – Formulate linkages between the Constitution and the PFMA and explain the roles and responsibilities of the relevant treasuries.

MODULE 2 – Determine the implications of strategic planning, annual performance planning and budgeting in departments, constitutional institutions, and public entities.

MODULE 3 – Demonstrate an understanding of different arrangements and measurements in terms of the PFMA.

This programme runs for 4 days

Training times can be arranged accordingly in order to meet the client’s needs.

Available on request.

This course will be useful for:

  • Contract Managers
  • Asset Controllers
  • Adjudication Committee Members
  • Bid Specification Committee Members
  • Asset Managers/Officers
  • Legal Service
  • Supply Chain Managers/Officers

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