|
Commitment Control And Financial Management Systems |
|
Goal: More effective financial management and commitment control The component currently uses a stand-alone Financial Management system called FMS. This affects the accuracy of data processing and the timely production of Government financial statements. 2006/2007 has seen this component achieve an enhancement in FMS, cash flow framework and the new chart of accounts has been incorporated. This has been implemented in all Ministries, provinces and other spending agencies (MPSAs). Twenty seven accounts staff were trained as trainers who in turn trained 358 accounting and non-accounting staff in the enhanced cash flow framework. Key mile stone for FMS/CCS: Budget office able to detect programmes/activities in the activity based budgeting (ABB) which have not been allocated funds during the financial year through the use of the ABB module and cash flow framework.
|