– by Nkosingiphile Ntshangase
Making financial decisions and calculating the economic impact of public sector projects requires the knowledge and skills of financial and accounting professionals. The current public sector environment requires these skills, as poor financial skills can lead to the failure of many public sector initiatives. Municipal officials in positions of authority have a big responsibility, particularly concerning decisions that have financial implications. To provide municipal officials with a sound financial background, UEL has developed the Municipal Finance Management Programme explicitly tailored to the requirements of the public sector. Through this programme, employees within the public sector will improve their financial skills and ultimately improve public service delivery.
The Municipal Finance Management Programme ensures delegates can effectively implement financial controls and risk management in the municipal context. It is critical in enhancing personal competencies, knowledge, and skills. Delegates on this programme will gain a deeper understanding of reporting requirements; learn how to use tools to make the appropriate financial decisions; and demonstrate their knowledge and experience in financial management to make use of the available resources effectively, efficiently and economically.
Understanding the government’s public sector provision policy framework is essential for public sector employees. Managing the assets and liabilities of a municipality through the application of internal controls is necessary to prevent fraud. The strategic planning process and implementation policy and performance management procedures of public sector processes require individuals capable of fulfilling the overall goals and objectives of local government.
The upcoming intake for Municipal Finance Management Programme is starting on the 18th of August 2021. If you would like to secure your place or find out more information about this programme, please click here.
You can also contact us directly for more information on the programme:
T: +27 31 260 1234