Session 4: Introduction to the PFMA and Treasury regulations
CPD Hours: 2
Price: R237.50
Session 4: Introduction to the PFMA and Treasury regulations
Presenters : Bronwyn MacCallum , Caryn Maitland CA(SA)
Overview
The public sector is highly regulated. As opposed to the private sector, the laws and regulations that govern the financial management of public funds require that actions are only taken by government if they are compliant with prescripts.
The Public Finance Management Act (PFMA), 1999 is an important piece of public sector legislation that promotes good financial management so as to maximise service delivery through the use of limited resources in an effective and efficient manner.
This webinar covers an introduction to the PFMA and Treasury Regulations that guide how finances must be handled in the public sector..
Learning objectives
By the end of this webinar the attendee should:
- Understand the objective of the PFMA.
- Understand the structure of the contents of the Act.
- Be able to identify the sections that relate to financial management and other responsibilities and requirements.
- Understand the objective and structure of the Treasury Regulations.
- Be able to identify critical sections of the Treasury Regulations.
Content
The webinar will cover the following topics:
- The PFMA - Objective.
- Structure of the PFMA.
- PFMA sections relating to:
- Internal controls
- Financial management
- Accounting and reporting
- Auditing
- Governance
- National Treasury
- Treasury Regulations - Objective.
- Structure of the Treasury Regulations.
- Critical sections of the Treasury Regulations.
