eLearning: CIGFARO Financial Management
This eLearning course is to capacitate the attendee with practical knowledge on Financial management from chapter 4 of the CIGFARO handbook.
One Year Subscription Only Terms
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Product description
This eLearning course is to capacitate the attendee with practical knowledge on Financial management from chapter 4 of the CIGFARO handbook.
The course outlines the planning, organizing, directing, and controlling the financial activities such as procurement and utilization of funds.
Upon completion of this module you should be able to:
List the seven mSCOA segments
Navigate the mSCOA tree on the National Treasury website
Identify the correct GUIDs for various transactions in the municipality
Discuss the impact of the mSCOA movement accounts on the budgeted cash flow statement of a municipality (in other words, explain how the use of the movement accounts will influence the budgeted cash flow statement)
Design internal control and internal control evaluation framework
Interpret South African legislation and policy affecting municipal financial management€¢ Apply principles of information systems to public finance and administration
Apply principles of computerised systems to manage data and reports relevant to the public sector administration
Apply approaches to managing municipal income and expenditure within a multi-year framework
Conduct working capital management activities in accordance with sound financial management policy
Apply accounting principles and procedures in the preparation of reports and decision-making
Manage a municipality's assets and liabilities
Apply selected GRAP to the periodic accounting reporting process
Prepare and analyse municipal financial reports
