Public Finance Management Act (PFMA)

Public Finance Management Act (PFMA)

Prospen Africa’s Public Finance Management Act course focuses on regulating financial management in national, provincial governments, and public entities.

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Platform:
Online
In-class
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Course Introduction

Prospen Africa’s Public Finance Management Act (PFMA), 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.

 

The Public Finance Management Act (PFMA) training will include reference to the Institutions 2026 – 2027 Strategic Plans, National Treasury MTEF, and Budget Guidelines for 2027- 2030. This course is designed to assist managers in the public sector to effectively apply the requirements of the PFMA, TR and other related legislation as well as implement public financial management reform initiatives in the South African Public Sector.

Course Objectives

During this course on Public Finance Management Act (PFMA), 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 about Revenue, Expenditure, Assets, and Liabilities and prevent Unauthorised, Irregular and Wasteful Expenditure.

  • Identify and apply actions required for successful integration of the Supply Chain Management Model into a government department’s management process.

Who should attend?

This Public Finance Management Act (PFMA) Training course is intended to build the capacity of employees working in all institutions as listed in the Public Finance Management Act (PFMA), including those who perform duties in senior, middle and junior management positions. These employees can be financial or non-financial managers.

Finance Courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

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

  • The purpose of this module is to capacitate learners on the Public Finance Management Act, Treasury Regulations, the roles and responsibilities of key role players and the generic structure of the Office of the Chief Financial Officer.

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

  • The purpose of this module is to capacitate learners on the legislation, concepts, formats and timeframes for the strategic plan and annual performance plan, together with the linkages of these to the budge

MODULE 3 –   Budgeting

  • The purpose of this module is to help learners understand the legislation, concepts, processes, formats and timeframes relating to all budgeting processes applicable to national and provincial departments.

MODULE 4 – Expenditure and Revenue Management

  • The purpose of this module is to capacitate learners on the expenditure and revenue process and the recording of these transactions in the accounting system. Manage the process of identification and accounting for unauthorised, irregular, fruitless and wasteful expenditure, and the reporting thereof

MODULE 5 – Supply Chain Management

  • The purpose of this module is to capacitate learners on the legislation, frameworks, processes and reporting relating to supply chain management and the application thereof.

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

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It has been a really fruitful and helpful training. Many thanks to PROSPEN AFRICA and the facilitator Olufemi. This is definitely going to make my work life easier and meaningful.

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The course really taught us deep in to Payroll and made us aware of things we were not aware of.

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The training was very insightful and the facilitator was very engaging which made everything easier to understand and follow. It has really equipped us in our areas of lack and we feel confident now on our next assignments on forecasts and analysis

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The course was practical, informative and relevant

FAQs – Public Finance Management Act (PFMA)

Find answers about course content, certification, registration, and AI skills for executive assistants.

What is the primary objective of the Public Finance Management Act (PFMA) course?
This practical masterclass equips accounting officers, public sector finance teams, and governance leads with an in-depth operational understanding of the PFMA (Act 1 of 1999) and National Treasury Regulations, empowering them to enforce financial control, ensure statutory compliance, and manage public resources responsibly.
Who should attend this PFMA governance and compliance training?
This training is essential for Accounting Officers, Chief Financial Officers (CFOs), Senior Managers, Internal Auditors, Risk Officers, Supply Chain Management (SCM) practitioners, and Finance Officers working in national and provincial government departments, state-owned enterprises (SOEs), and public entities.
What core legislative modules and governance frameworks are covered?
The structured syllabus covers key PFMA compliance pillars:
  • PFMA Statutory Framework: Fiduciary duties of accounting authorities, delegation of authority, and public entity oversight.
  • Expenditure Control & Compliance: Identifying, reporting, and preventing Unauthorized, Irregular, Fruitless, and Wasteful (UIFW) expenditure.
  • Supply Chain Management (SCM): Ethical procurement, Preferential Procurement Regulations, and competitive bidding governance.
  • Risk Management & Internal Control: Treasury Regulations alignment, financial misconduct handling, and Auditor-General (AGSA) compliance.
How does this course help public entities prevent UIFW expenditure?
The training provides actionable frameworks for setting up robust pre-audit checks, implementing strict delegation matrices, establishing clear SCM compliance checklists, and enforcing immediate corrective actions when non-compliance is identified.
What learning formats and training delivery options are available?
Prospen Africa offers this program as an executive short course via live interactive virtual classrooms as well as structured in-person corporate workshops hosted at major business and administrative centers across South Africa.
What certification and compliance toolkits do delegates receive upon completion?
All participants who complete the training receive an official Prospen Africa Certificate of Completion. Delegates also receive practical PFMA compliance checklists, UIFW investigation guidelines, Treasury Regulation quick-reference guides, and post-course email advisory support.

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