GDF Annual Report - Gauteng Provincial Treasury

SECTION 3: REPORT ON THE PERFORMANCE OF PROGRAMMESA key focus area for municipalities will be theimplementation of the approved Risk ManagementFramework. Through implementation of the frameworkwe aim to improve the risk maturity status ofmunicipalities in the province. The aim is to buildcapacity at municipalities through having the MunicipalRisk Management Forum on a quarterly basis whereideas and challenges in respect of ERM implementationare discussed.We will continue with the facilitation of Control Risk SelfAssessments and Global Risk Assessment Workshopsfor the eleven (11) GPG Departments.3.4 Sub-Programme: FinancialBusiness SystemsPurpose• To provide strategic leadership and technicalsupport with regards to the financial systems andaccess of the transversal systems in the provinceStrategic Objectives• To co-ordinate financial systems training in theprovince.• To ensure implementation of financial systemsmodules in the province.• Monitor the Transversal system’s performanceby ensuring that almost all procured functionalmodules are fully utilized, and monitor misallocatedtransactions.Measurable Objectives• Provide financial systems support• Co-ordinate of Financial systems training• Compliance with Standard Chart of Accountsstandards• Document practice notes8282Annual Report 2010 / 2011