Expectation

In this activity, you should reflect on the insights gained throughout the module and thereafter report on the competencies required from officials in a public sector organisation on the African continent. Your submission can be guided by following questions:

1. What is the impact of the legislative framework on Public Financial Management?
2. How does the use of public money affect the national economy?
3. How would you evaluate the government economic functions in South Africa?Refer to the performance of your particular organisation.
4. What are the prescripts of the Public Finance Management Act of 1 of 1999 regarding the financial responsibility of public managers?
5. What can be done to address the discrepancies between the need to provide services and goods as well as the scarce resources?
6. What can be done to improve professionalism and ethical conduct in the public sector?

Guidance

• The submission must follow the format and specific academic paper structure of the SPMA (Arial 12 and 1.5 line spacing) and must make use of the Harvard Referencing System see SPMA reference guide.
• Present the findings in a detailed report.
• The submission must contain consistent and systematic text references for all data and information that are not your own ideas, including references for all direct quotes and paraphrased ideas taken over from other sources.
• A full bibliography of all sources referred to in the text must also be provided in the correct format.
• The submission should not exceed 10 pages or 3500 words.

The following headings can be used to guide the structure of the submission (you can include your own sub-headings under headings 2-6):

1. INTRODUCTION
2. THE LEGISLATIVE FRAMEWORK RELATING TO PUBLIC FINANCIAL MANAGEMENT
3. STANDARDS GUIDING PUBLIC FINANCIAL MANAGEMENT
4. THE MANAGEMENT OF PUBLIC MONEY IN A PUBLIC SECTOR ORGANISATION
5. PROMOTION OF ETHICS AND PROFESSIONALISM IN THE MANAGEMENT OF PUBLIC FINANCES
6. INTERNAL CONTROL AND FINANCIAL REPORTING IN A PUBLIC ORGANISATION
7. CONCLUSION
8. LIST OF REFERENCES