financial management

ol 0 Help Mode Delay The authors establishing the principles for public (sector) financial management (PFM) have indicated that several elements are necessary to create a coherent system of PFM. Identify these elements, explaining (only) the salient issues of each one, and provide examples of how these issues manifest themselves in practice in South Africa. Tabulate your answer as indicated. Non-compliance carries a penalty of 5 marks: 3 marks for direct copying and pasting of the full source text and 2 marks for the absence of a table. Element Description Example (manifestation in SA)