PFMA accounting failures don’t happen by accident — they happen through weak understanding. This session explains how accounting works under the PFMA and where professionals are most exposed to risk.
R230,00 VAT incl.
Accounting under the Public Finance Management Act carries serious responsibility and high public scrutiny. This session focuses on how PFMA accounting works in practice and why failures in this area lead to findings, investigations, and reputational damage. Delegates will gain a clear understanding of the financial management framework established by the PFMA, including budgeting, expenditure control, and reporting responsibilities. The session highlights common problem areas where accounting processes break down and explains how finance professionals contribute to compliance and accountability. Designed for professionals working in or advising public entities, this session provides practical insight into managing public funds correctly. By the end of the session, delegates will better understand their role in protecting public money and reducing professional risk.
By attending this event, delegates will learn:
· What the PFMA actually governs and why it matters
· How PFMA accounting differs from private-sector accounting
· Key financial responsibilities under the PFMA
· How irregular, fruitless, and wasteful expenditure arises
· Where accounting failures trigger findings and consequences
· The role of finance professionals in PFMA compliance
· How to reduce risk when working in or with public entities
· Purpose and scope of the PFMA
· Public-sector versus private-sector accounting
· Financial responsibilities under the PFMA
· Budgeting and expenditure control
· Irregular, fruitless, and wasteful expenditure
· Reporting and accountability requirements
· Common PFMA accounting failures
· Role of finance professionals
· Managing PFMA compliance risk
The following event is awarded 2 CPD units in Accounting.
+27 (0) 12 643 1800/2/4 ciba@myciba.org www.myciba.org
Gauteng: Spaces, Byls Bridge Office Park, Building 14 Block B, Cnr of Olievenhoutbosch Road and Jean Avenue, Centurion, 0157
Cape Town: Cape Town Spaces Office, Century City, No1 Bridgeway Road, Bridgeways Precinct, Cape Town, 7441
Namibia: Regus Office Windhoek, Maerua Mall 3rd Floor, Windhoek, Namibia, 10005
Paris: I13 Rue Paul Valéry, 75116 Paris, France (ICFOA)
