About this course
This course will provide you with a sound understanding of the Public Finance Management Act (PFMA) and how it relates to good financial governance. You will also gain the competencies to effectively manage public funds, procurement, budgeting, and governance processes to meet the government’s goal of maximising service delivery to the community.
5 units
- 12 weeks at 8 hours/week
- Certificate included
Public Finance Management
TYPE:
Short Course
MODE:
Fully Online
DURATION:
12 weeks
PACE:
8 h/week
Flexible payment options available
What you will learn about
This course contains 5 units and can be completed in 12 weeks at the recommended pace of 8 hours per week:
- Unit 1. Basis of Public Financial Management
- Unit 2. Good Governance
- Unit 3. Public Finance Legislation
- Unit 4. Public Sector Budgeting
- Unit 5. General Responsibilities of Accounting Officers
With our structured approach to learning, you can quickly gain valuable knowledge and skills. All courses include onboarding information, video lessons and multiple assessment opportunities.
Upon successful completion of this course the learner should be able to:
- Understand the basic concepts and principles of sound public finance management;
- Show an understanding of good governance in the public sector;
- Identify legislative and regulatory prescribes directing public finance management;
- Show knowledge and insight into the public budget process; and
- Understand the Accounting Officer’s role and responsibilities when utilising public resources.
Is this course right for me?
This course is aimed at individuals working in various National and Provincial Government departments as well as people in State-Owned Enterprises that require knowledge of the Public Finance Management Act (PFMA), National Treasury prescripts and statutory requirements for Supply Chain Management.
The course provides students with a good overview of the Public Finance Management Act and includes the important aspects of public procurement and supply chain management. The course explains the budgeting process, which is key to service delivery and programme management and execution. Students will be equipped with practical skills to ensure compliance in terms of legislation as well as best practice, in the management of public funds.
Upon successful completion of this course, students will be equipped to pursue a range of exciting careers such as:
- Employees in National, Provincial or Local Government
- Employees in State-Owned Enterprises
When can you start this course?
Our Short Courses are administered in various intakes throughout the year. Enrol for a date that suits you or enquire now if you’d like more information.
Short Course Admissions
- Minimum of Grade 9 (Standard 7)
- At least 18 years of age
- Alternate admission is possible on the basis of Mature Age exemption (23 years and older)
- Ability to read and write in English, which is the language of instruction
- Students should also possess a basic level of digital literacy skills
Our Short Course programmes are offered all year round, making enrolling easy and convenient anytime. Complete our online application form, and await a call from one of our friendly Enrolment Consultants.
At iQ Academy, we offer all our programmes exclusively through online learning. Students must have regular access to a device and a stable internet connection, whether via a mobile device or any other means.
Don’t worry about course materials, as they are all available online and can be downloaded to your smartphone, PC or tablet for offline use. We do not provide printed textbooks. If you prefer printed materials, you can easily download and print them yourself.
Our teaching and learning activities occur 100% online. If you require more information, please feel free to enquire now.
- A PC, Tablet or Smartphone
- Access to a reliable internet connection
- An active email account
- At least 1GB of data per month
Simple pricing, big value
*Terms and deposit are subject to affordability. View our payment options for more information.
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Structured learning
Weekly lesson plans, regular live classes and special webinars.
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Enquire now and an Enrolment Consultant will call you back to answer any questions you have and start your application.
50,000 +
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Private Higher Education
This Short Course FAQ’s
The focus of this course is on how the South African Constitution, as well as the Public Finance Management Act, govern government budgeting, procurement, supply chain and service delivery.
This course is aimed at individuals working in various National and Provincial Government departments as well as people in State-Owned Enterprises that require knowledge of the Public Finance Management Act (PFMA), National Treasury prescripts and statutory requirements for Supply Chain Management.
Students will gain practical skills in
- Financial Legislative Framework
- Good governance and accountability
- Treasury Regulations
- Budgeting
- Risk management
- Public procurement
- Supply chain management
- Asset management
Every year the Auditor General releases audit reports related to local government as well as departments within provincial and national government that have not adhered to the regulations regarding the spending of financial resources as prescribed by the FPMA. There is thus a gap in the understanding of the PFMA. Having knowledge and competent government officials that work within the framework of the FPMA will decrease the wastage of government funds and hopefully also decrease corruption of government funds.
The course provides students with a good overview of the Public Finance Management Act. The course includes the important aspects of public procurement and supply chain management. Finally, the course explains the budgeting process, which is key to service delivery and programme management and execution.