About this Course
The public sector is highly regulated. As opposed to the private sector, the laws and regulations that govern the financial management of public funds require that actions are only taken by government if they are compliant with prescripts.
In order for financial management to function effectively, with accountability and good governance, it is critical that all role players and all public sector employees understand the legislative structures within which the public sector operates, from the political and decision-making structures all the way through to those involved in the day-to-day operations of service delivery.
The aim of this course is to take a 360 degree look at the public sector from its environment, legislation, internal processes, ethics, performance management as well as auditing. The course uses practical examples that illustrate the principles that should be followed in public sector processes.
Learning Objectives
- Public Sector Context: Gain a comprehensive understanding of South Africa's public sector, its legislation, and the Public Finance Management cycle.
- Governance and Ethics in the Public Sector: Learn the fundamentals of governance versus government, King IV Report requirements, and ethical decision-making in the public sector.
- Risk Management and Internal Controls: Acquire skills in public sector risk management, including the implementation and understanding of internal controls.
- Introduction to the PFMA and Treasury Regulations: Familiarize yourself with the Public Finance Management Act and Treasury Regulations, focusing on their objectives and structures.
- Introduction to MFMA, MSA, and MSA: Understand the key laws and regulations governing financial management in local government, including MFMA and MSA.
- PFM Processes and Reporting: Gain insights into the Public Finance Management cycle, strategic planning, budgeting, and financial reporting requirements.
- MFM Processes and Reporting: Learn about the Municipal Finance Management cycle, its strategic planning, budgeting, and annual reporting processes.
- Accounting in PFMA: Understand the accounting frameworks, legislation, and the role of the Accounting Standards Board in the Public Finance Management Act.
- Accounting in MFMA: Learn about the accounting frameworks and legislation relevant to the Municipal Finance Management Act and local government.
- Performance Management: Understand the link between service delivery and performance management, including planning, budgeting, and performance measurement.
- Public Sector Auditing: Gain knowledge of public sector auditing, including relevant legislation, INTOSAI guidelines, and the role of the Auditor General.
Course Delivery, Duration, and Effort
This 1-month course is delivered through the SA Accounting Academy online learning campus. The course is divided into 11 modules. In this way you can maintain a work-life balance whilst studying and improving your professional skills. The required effort is 4 to 8 hours per week.
Is this for you?
If you're a seeking to deepen your understanding of public sector finance and accounting, this course is designed with you in mind. Whether you're a government employee, an auditor, a financial manager, or simply someone interested in the intricacies of public sector financial governance, this course offers valuable insights and practical skills.
Here's why this course might be the perfect fit for you:
- Career Advancement: The course is tailored to equip you with the skills and knowledge that are highly sought after in the public sector.
- Comprehensive Coverage: From governance and ethics to risk management and auditing, the course covers a wide array of topics that are crucial for effective public sector management.
- Practical Learning: With real-world examples and interactive modules, the course goes beyond theory to offer practical insights.
- Flexible Learning: The course is designed to accommodate busy schedules, allowing you to maintain a work-life balance while advancing your professional skills.
- Certification: Upon successful completion, you'll receive a Certificate of Competence, adding a valuable credential to your professional profile.
If any of these points resonate with you, then this Public Sector Finance and Accounting Course is the educational investment you've been looking for.
Lecturers
Caryn Maitland CA(SA)
Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics and has also been involved with the annual SAICA SMP Technical tour.
Bronwyn MacCallum CA(SA)
Bronwyn qualified as a CA(SA) in 2004 and has spent time in private practice as a partner and later director of small and medium firms as well as a tenure at the Auditor-General of South Africa as a Senior Manager and SAICA Training Officer. Her current professional focus is on the design, implementation and monitoring of systems of quality control in the auditing profession for firms and for engagements. Bronwyn has also spent many years lecturing Auditing, IFRS and Public Financial Management at undergraduate, post-graduate and professional levels, both face-to-face and in the design and implementation of blended and on-line learning platforms. Bronwyn has played active roles at both SAICA and IRBA in board sub-committees related to professional practical training and development, and in public sector governance structures and audit committees.
Admission Requirements
Anyone can attend this course. There are no minimum entry requirements.
Assessments
This course includes formative assessments to test your knowledge throughout the modules. Learners must achieve all competencies of the course.
Assessment and Certification
On successful completion (i.e. competence in all modules and assessments) of this course the learners will be awarded:
- Certificate of Competence from SA Accounting Academy.
Curriculum
- Module 1: Public Sector Environment and Context
- Module 2: Governance and Ethics in the Public Sector
- Module 3: Risk Management and Internal Controls
- Module 4: Introduction to the PFMA and Treasury Regulations
- Module 5: Introduction to MFMA and MSA
- Module 6: PFM Processes and Reporting and UIF
- Module 7: MFM Processes and Reporting and UIF
- Module 8: Accounting in the PFM Cycle
- Module 9: Accounting in the MFM Cycle
- Module 10: Performance Management
- Module 11: Public Sector Auditing
For more information on what will be covered in the curriculum please download the prospectus.
About SA Accounting Academy
The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA) and ICB qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.
SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.
Course Fees
The course fee is R 5 225.00 and includes the following for you:
Educational Resources
- Online Materials: Access a wealth of online resources, from e-books to webinars, enhancing your learning experience.
Learning Support
- Facilitation: Benefit from expert-led facilitation sessions that offer personalized guidance, addressing individual queries and ensuring a thorough understanding of the subject matter.
- Formative Assessments: Reinforce your understanding with assessments on different topics.
- Learner Forum: Engage in meaningful peer-to-peer interactions through our dedicated learner forum. Share insights, ask questions, and collaborate on projects to enhance your learning experience.
- Continuous Support: Our dedicated team is always on standby to assist with any academic or administrative queries, ensuring a smooth learning process.
Flexibility and Convenience
- Study Online: Complete your course and take your exams online, giving you the freedom to learn from anywhere.
Payment Methods
Debit / Credit Card or Instant EFT
You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.
EFT / Bank Deposit
You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.
Your Company / Employer
It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.
Third Party
If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.
Payment Options
Option 1: Once off payment
- R 5 225.00
Corporate Training Solutions
At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.
Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.
Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.
Contact Us
Have any questions or need any assistance? Contact us today!
- Online chat through our website https://accountingacademy.co.za
- WhatsApp: Start chatting (+27635026114)
- Phone: 010 593 0466
- E-mail: [email protected]