Public Service Commission Act, 1997
R 385
|
Public Finance Management Act, 1999 (Act No. 1 of 1999) Understanding and Using this ActNormative Measures For Financial ManagementPhase 1 : Perfecting The Basics11. Recommended structure of the Office of the Chief Financial Officer and related duties |
In terms of Treasury Regulation 2.1.2, the chief financial officer is directly accountable to the accounting officer. The chief financial officer should have an appropriate support structure that allows him/her sufficient opportunity to provide analysis, interpretations and appraisals that will assist and improve decision making in the institution.
The following diagrammatic representation recommends the reporting lines and structure of a chief financial officer’s component :
