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 pictureâ„¢ 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. Understanding of the act will help you assess the financial performance and health of your department.