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Government: Introduction
Greater transparency in the government sector also means increased pressure on systems and controls; there has never been a more pressing need for sound management processes and systems than there is in today's environment. A primary method to enhance corporate governance in the sector and seek its sustainable development is to ensure compliance with statutes and prescripts while managing procurement, reduction of consumption and ensuring the management of budgets.
Introduction
AccTech's vast experience and understanding of government requirements allows us to assist any government agency in:
- The preparation of monthly financial statements
- The preparation of audits by the Auditor General (As requested by the Public Finance Management Act
- The alignment of the General Ledger chart of accounts to comply with GAAP, IFRS and National Treasury requirements
- Compliance with National Treasury Prescripts, DTI Prescripts, PPP
- IFRS compliance tracking
- Process automation and governance compliance
- Strategic alignment and business driver optimization for ultimate budget control
- Commitment Accounting - tracking planned expenditure against predefined budgets
- Contract management
- Integration to systems such as Persal and other systems
- Data conversion from existing systems
- Collaboration and integration to get a 360 real-time view of your department & organisation
For more information regarding our Government solutions, please contact AccTech Sales Division on Tel: +27 12 664 0200 or email: sales@acctech.biz
