Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Public Finance Management Act, 1999 (Act No. 1 of 1999) Understanding and Using this ActNormative Measures For Financial ManagementPhase 1 : Perfecting The Basics7. Reporting requirements for financial management in the public sector |
• | Financial management information must be supplied on a regular basis to management to facilitate objective corrective decisions where activities are not in line with the budget of the department. |
• | Financial management information must be useful, reliable and timeous in support of the evaluation of performance. |
• | Financial reports must conform to the standards of reporting identified by appropriate legislation. |