MFMA Accounting: Where Municipal Money Breaks (and Who Gets Blamed)

Accounting under the Municipal Finance Management Act carries high public scrutiny and serious professional consequences. This session focuses on how MFMA accounting works in practice and why weaknesses in financial processes lead to audit findings, investigations, and reputational damage. Delegates will gain a clear understanding of municipal budgeting, expenditure control, and reporting requirements under the MFMA. The session highlights common problem areas such as weak controls, poor approvals, and incorrect reporting that result in unauthorised, irregular, and fruitless expenditure. Designed for professionals working in or with municipalities, this session explains where finance teams are most exposed and how to strengthen compliance. By the end of the session, delegates will better understand their role in protecting public funds and safeguarding their professional standing.