GSSC Treasury v7.indd - Gauteng Provincial Treasury

Section ThreeReport on the performance of programmesSub-ProgrammeStrategicObjectiveMeasurableObjectivePerformanceMeasure/IndicatorAnnual Target2009/10Implement andenhance the riskframe workStatus inimplementation offraud preventionsystemDeveloped andimplementedBusiness ContinuityPlanActual AchievementAgainst TargetNoneFraud Risk WorkshopconductedFraud Prevention Plandeveloped and implementedFraud Awareness Sessionsconducted,Weekly publications throughGT communication to createawareness on fraud andcorruption and to encouragewhistle blowingBusiness Continuity Plans havebeen updated and testedUnits requiring training oninternal finance processeswere identified and providedwith training. This activity wasreported on in the internalmonthly reports.Training provided to theprocess owners on the use ofthe Barnowl Risk ManagementSystem.Monthly technical reportson actuals generated wereprepared and discussed withBusiness Units throughoutthe year. The outcome wasthe ability to fund all prioritieswithin the Department and thatof Business Unit leaders that arefully aware of the expenditurethat is going through theirbudgets.Risk Profile of each Directoratediscussed with directoratemanagement and staff duringOoFCO bilateral sessions. RiskManagement processes areunderstood by all Departmentalstaff not Senior Managementonly.Monthly expendituresummaries have been preparedthroughout the yearReasons forDeviations/VariationRevision ofEnterprise RiskManagementFramework byNational Treasury(in order toalign it to KingIII and relevantlegislation).Framework wasrolled out at theend of the fourthquarter of thefinancial yearSpecialised trainingrendered to allunits where thereis a need for betterfinancial and riskmanagementincluding supplychain managementReport onspecialised trainingrendered to allunits where thereis a need for betterfinancial and riskmanagementReport onspecialised trainingrendered to allunits where thereis a need for betterfinancial and riskmanagementCredibleFinancial and RiskManagementdata, that enablesinformed decisionmakingMonthly technicalreports on actualsgenerated byOoCFOBi Monthlyinterrogation sessionby the OoCFO withunitsMonthly technicalreports on actualsgenerated byOoCFO forProgrammeManagersBi Monthlyinterrogation sessionby the OoCFO withunits held to unpackthe technical reports(e.g. bilateral)Monthly executivereport for HODenabling strategicdecision makingand reportingon the financialperformance oftreasuryMonthly executivereport for HODon aligned coreperformanceandstrategic issues of allOoCFO functions,enabling strategicdecision makingand reportingon the financialperformance ofTreasury42 Treasury Annual Report 2009/10