Transcription of Financial management and MFMA implementation
{{id}} {{{paragraph}}}
Example: dental hygienist
Financial management and MFMA implementation
735 Financial management and mfma implementation Introduction Sound Financial management practices are essential to the long-term sustainability of municipalities. They underpin the process of democratic accountability. Weak or opaque Financial management results in the misdirection of resources and increases the risk of corruption. The key objective of the Municipal Finance management Act (2003) ( mfma ) is to modernise municipal Financial management in South Africa so as to lay a sound Financial base for the sustainable delivery of services.
CHAPTER 5: FINANCIAL MANAGEMENT AND MFMA IMPLEMENTATION 77 Since 2008, National Treasury has been giving specific attention to strengthening municipal budgeting and reporting practices.
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: