A framework for accountability

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10 Νοε 2013 (πριν από 4 χρόνια και 1 μήνα)

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A framework for accountability

Improving financial management and financial
information

National Treasury

1 December 2004

2

Accountability framework


Accountability clearly assigned


Good information


Sanctions


Follow
-
up

3

Accountability clearly assigned


PFMA enacted in 2000


Framework legislation


Sets out roles and responsibilities


Between centre and line


Between executive officer and managers


Stipulates reporting requirements


Sets sanctions


Brings public entities into financial management
net


Supported by Treasury Regulations


Implemented over 5 years

4

Responsibilities of center


Responsibilities of National Treasury


Developing macro
-
economic and fiscal framework


Coordinate intergovernmental relations


Coordinate budget process


Manage implementation of budget


Manage and enforce revenue, asset and liability
management


Manage Revenue Fund


Determine banking and cash management
framework


Implement PFMA

5

Responsibilities of line agency
managers


Accounting officers (heads of departments)
responsible (threat of sanctions)


Is responsible for effective, efficient, economical and
transparent use of resources in accordance with
appropriation act


Produces monthly, quarterly and annual financial
reports


Ensure effective, efficient and transparent systems of


financial and risk management


and internal control;


appropriate procurement


Must ensure collection of revenue, prevention of
irregular, wasteful and fruitless expenditure

6

Responsibilities of executive
authority


Must fulfill statutory responsibilities within
appropriation


Must consider reports presented by
accounting officers


Process to determine accountability when
political directive can result in unauthorised
expenditure

7

Improved financial information


Revamped classification to improve budget
transparency, quality of financial reporting


Programmatic, administrative, economic and functional


Chart of accounts reviewed


Better link between budgeting and accounting information


New economic reporting format


Old line item and economic


GFS 2001, but adapted for cash base


Terminology adapted for SA


Implementation important


Garbage in garbage out


Worked with line agencies to recode


Training programme

8

Sanctions and follow
-
up



Constitution, PFMA provides
framework


Role of parliament


Is accountability in place?


Enforcement and follow
-
up