EXCELCENTRE INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE INSTITUTE 0846244729
Table of Contents
Introduction ........................................................................................................................... 5
1. Legislative Framework ...................................................................................................... 5
Key Components of the Legislative Framework .................................................................... 5
Constitution of the Republic of South Africa, 1996............................................................. 5
Public Finance Management Act (PFMA), No. 1 of 1999................................................... 6
National Budget (Appropriation Act) .................................................................................. 6
Treasury Regulations and Practice Notes ......................................................................... 7
Municipal Finance Management Act (MFMA), No. 56 of 2003............................................... 7
Division of Revenue Act (DoRA) ....................................................................................... 7
Preferential Procurement Legislation................................................................................. 7
Critical Analysis and Examples ............................................................................................. 7
2. Procedural Framework for Expenditure Control................................................................. 8
Key Components of the Procedural Framework .................................................................... 8
Public Finance Management Act (PFMA) .......................................................................... 8
Treasury Regulations ........................................................................................................ 8
Manual on the Financial Planning and Budgeting System of the State .............................. 9
Procurement Processes .................................................................................................... 9
Education is the most powerful weapon which you can use to change the world
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE INSTITUTE 0846244729
Table of Contents
Introduction ........................................................................................................................... 5
1. Legislative Framework ...................................................................................................... 5
Key Components of the Legislative Framework .................................................................... 5
Constitution of the Republic of South Africa, 1996............................................................. 5
Public Finance Management Act (PFMA), No. 1 of 1999................................................... 6
National Budget (Appropriation Act) .................................................................................. 6
Treasury Regulations and Practice Notes ......................................................................... 7
Municipal Finance Management Act (MFMA), No. 56 of 2003............................................... 7
Division of Revenue Act (DoRA) ....................................................................................... 7
Preferential Procurement Legislation................................................................................. 7
Critical Analysis and Examples ............................................................................................. 7
2. Procedural Framework for Expenditure Control................................................................. 8
Key Components of the Procedural Framework .................................................................... 8
Public Finance Management Act (PFMA) .......................................................................... 8
Treasury Regulations ........................................................................................................ 8
Manual on the Financial Planning and Budgeting System of the State .............................. 9
Procurement Processes .................................................................................................... 9
Education is the most powerful weapon which you can use to change the world
