Insolvency Act, No. 24 of 1936
R 385
Public Finance Management Act, 1999 (Act No. 1 of 1999) Understanding and Using this ActNormative Measures For Financial ManagementPhase 1 : Perfecting The Basics10. Core competencies and skills required for financial management in the public sector |
Against the background of the definition, aim and scope of financial management in the public sector, it is recognised that chief financial officers must be technically trained and proficient in at least the following subject areas :
• | Strategic management |
• | Business planning and design |
• | Performance measurement |
• | Financial accounting (including principles of GAAP/GRAP) |
• | Management accounting |
• | Internal control |
• | Internal and external audit |
• | Information systems |
• | Economy |
• | Negotiation skills |
• | Communication skills |
• | Analytical skills |