Financial Managementhttp://hdl.handle.net/123456789/9622026-04-13T12:21:24Z2026-04-13T12:21:24ZPublic Finance Management Act (PFMA) Compliance In The Preparation Of Financial Statements As A Financial Reporting Tool In South African Public ServiceMakgoba, Magoane JonasFaku, Ephraim MondeMoeti, Kabelo Boikhutsohttp://hdl.handle.net/123456789/16312025-02-27T11:11:11Z2024-09-01T00:00:00ZPublic Finance Management Act (PFMA) Compliance In The Preparation Of Financial Statements As A Financial Reporting Tool In South African Public Service
Makgoba, Magoane Jonas; Faku, Ephraim Monde; Moeti, Kabelo Boikhutso
Based on the Public Finance
Management Act's requirements, the study
evaluated annual financial statement preparation
as a financial reporting tool within the South
African public sector using the Limpopo
Provincial administration as a case study. The
study's goal was to find non-compliance issues
presented in the provincial departments' annual
financial statements for Limpopo for the three
fiscal years from 2016–17 to 2018–19. The
numerous services that fall under the purview of
government departments must be provided while
simultaneously making effective and efficient use
of the funds allocated to them. The Public Finance
Management Act also mandates departments to
provide reports detailing their use of allotted
funds. As a result, given that they are regarded as
a critical instrument for public finance
management reporting, the timely completion of
annual financial statements in compliance with all
applicable legislation is essential.
Dissertation
2024-09-01T00:00:00Z