Financial Administration

PSAF – Nov 2016 – L2 – Q2d – Public Expenditure and Financial Accountability Framework.

Identifying essential provisions of the Financial Administration Act to protect public funds.

Question

In Ghana, the government has enacted the Financial Administration Act, 2003 and the Financial Administration Regulations (L.I. 1802) to ensure that public funds and resources are properly safeguarded and are used economically, efficiently, effectively and with due propriety.

Required:
Identify TWO essential provisions of the Financial Administration Act and Regulations meant to protect public funds and safeguard public resources and property. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial Administration, Financial Laws, Government Spending, Public Funds, Public Resources
Level: Level 2

Topic: Public expenditure and financial accountability framework
Series: NOV 2016

PSAF – May 2016 – L2 – Q4d – Public sector fiscal planning and budgeting

This question discusses the reasons for the necessity of a decentralized financial management system in Ghana.

Question

The problems associated with decentralized financial administration and exercising controls have received considerable attention from both academicians and legislators.

Required: Explain FOUR reasons why it is necessary to have a decentralized financial management system in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Decentralization, Financial Administration, Financial management, Ghana, Public Sector
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: MAY 2016

PSAF – Nov 2016 – L2 – Q2d – Public Expenditure and Financial Accountability Framework.

Identifying essential provisions of the Financial Administration Act to protect public funds.

Question

Required:
Identify TWO essential provisions of the Financial Administration Act and Regulations meant to protect public funds and safeguard public resources and property. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial Administration, Financial Laws, Government Spending, Public Funds, Public Resources
Level: Level 2

Topic: Public expenditure and financial accountability framework
Series: NOV 2016

PSAF – May 2016 – L2 – Q4d – Public sector fiscal planning and budgeting

This question discusses the reasons for the necessity of a decentralized financial management system in Ghana.

Question

The problems associated with decentralized financial administration and exercising controls have received considerable attention from both academicians and legislators.

Required: Explain FOUR reasons why it is necessary to have a decentralized financial management system in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Decentralization, Financial Administration, Financial management, Ghana, Public Sector
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: MAY 2016

Question Tag: Financial Administration

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PSAF – Nov 2016 – L2 – Q2d – Public Expenditure and Financial Accountability Framework.

Identifying essential provisions of the Financial Administration Act to protect public funds.

PSAF – May 2016 – L2 – Q4d – Public sector fiscal planning and budgeting

This question discusses the reasons for the necessity of a decentralized financial management system in Ghana.

PSAF – Nov 2016 – L2 – Q2d – Public Expenditure and Financial Accountability Framework.

Identifying essential provisions of the Financial Administration Act to protect public funds.

PSAF – May 2016 – L2 – Q4d – Public sector fiscal planning and budgeting

This question discusses the reasons for the necessity of a decentralized financial management system in Ghana.

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