Introduction To MFMA For Beginners | Municipal Finance Management Act 56 Explained скачать в хорошем качестве

Introduction To MFMA For Beginners | Municipal Finance Management Act 56 Explained

Subscribe Now: https://www.youtube.com/@ConsultKano?... Join Our Exclusive Membership Community:    / kanoconsultants   Support Our Patreon Page: https://www.patreon.com/consultkano?f... #ConsultKano @ConsultKano Municipal Finance Management Act or MFMA is a South African legislation which aims to modernize budget, accounting and financial management practices by placing local government finances on a sustainable footing in order to maximize the capacity of municipalities to deliver services to communities. It also aims to put in place a sound financial governance framework by clarifying and separating the roles and responsibilities of the council, mayor and officials. Municipal Finance Management Act 56 of 2003 further aims: (1) To secure sound and sustainable management of the financial affairs of municipalities and other institutions in the local sphere of government; (2) To establish treasury norms and standards for the local sphere of government; and (3) To provide for matters connected therewith. Disclaimer: This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.