ethical leadership in the public sector
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Ethical Leadership in the Public Sector. Corporate Governance. Public Finance Management Act. The Public Finance Management Act (PFMA) 1999, imposes stringent reporting and financial accountability provisions in respect of government departments and state owned entities.

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Presentation Transcript
public finance management act
Public Finance Management Act
  • The Public Finance Management Act (PFMA) 1999, imposes stringent reporting and financial accountability provisions in respect of government departments and state owned entities
main objective of pfma
Main objective of PFMA
  • The Act promotes the objective of good financial management in order to maximize service delivery through the effective and efficient use of the limited resources.
key objectives of the act
Key objectives of the Act
  • Modernize the system of financial management in the public sector;
  • Enable public sector managers to manage, but at the same time be held more accountable;
  • Ensure the timely provision of quality information;
  • Eliminate the waste and corruption in the use of public assets.
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