Financial Management & Internal Control

Financial Management & Internal Control

mSCOA: Compliance & Assessment Support

We can assist the Municipal Finance Divisions with high-level mSCOA assessments as well as practical support with compiling a high-level…

Financial Management & Internal Control

mSCOA: Budget Alignment Implementation

With all municipalities and their respective municipal entities having to implement the Municipal Standard Chart of Accounts (mSCOA) as new…

Financial Management & Internal Control

IGRAP 1 (2014): Revenue recognition (Traffic Fines)

IGRAP 1: ASB & National Treasury considerations on traffic fine revenue recognition Accounting article: Impact of IGRAP 1 on Revenue considerations: Many public sector…

Financial Management & Internal Control

MFMA Circular 71: Ratio Analysis Facilitation

MFMA Circular 71 issued in January 2014 provides a set of uniform key financial ratios and norms suitable and applicable to municipalities…

Financial Management & Internal Control

Ducharme Article 2013 – Impact of BBBEE Act on GRAP

In 2013, the amendment of section 13G of the Broad-Based Black Economic Empowerment Act resulted in specific legislated reporting requirements…

Financial Management & Internal Control

Audit and Risk Management Committees: Structuring and requirements

Some municipal managers and other senior managers, as well as councillors, sometimes have difficulty to decide on how audit committees…

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