Call for administrative leaders to be accountable

2009-10-22 11:14

Leadership is key to improving financial management at local

government level, Accountant General Freeman Nomvula said today.

“The key is leadership. Administratively leaders need to take these

functions seriously. Political leaders need to hold administrative leaders

accountable,” he told a local government indaba in Boksburg, Gauteng.

A local government report released yesterday showed that 64% of the

country’s municipalities were in financial distress. The report also indicated

that financial management was a problem at local government level due largely to

a lack of capacity and skills.

Nomvula said a poor audit trail, the poor quality of financial

statements, officials being unavailable to answer questions by auditors and poor

internal controls were some of the problems plaguing local government

finances.

“It’s a tall order to talk about a turn-over by 2014 but I do think

it’s possible,” he told representatives from local, provincial and national

government at the two-day indaba.

Delegates criticised the national Treasury for the “unreasonable”

accounting standards.

Nomvula said the Treasury would welcome input from municipalities

on systems that would work better.

He emphasised assets management as a key part of a municipality’s

ability to deliver services and manage their finances. He urged municipalities

to keep up-to-date with maintaining their assets in the short-term to save money

in the long run.


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.