Tag (SQ): GIFMIS

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FM – L2 – Q6.4 – Public Financial Management Systems

Discuss five public financial management functions integrated on the ZIFMIS platform.

The most important element of the Zamara Integrated Financial Management Information System (ZIFMIS) is its integration capability, which enables the linking of various functions of public financial management onto a single platform.

Required:

Discuss five public financial management functions integrated on the ZIFMIS.

Explain the risk associated with implementing the ZIFMIS.

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PSAF- L2 – Q6.2 – Public Financial Management Systems

Discuss the transformed roles of various users (Budget Officers, Accountants, Procurement Officers, Internal Auditors, Principal Spending Officers, Vote Controllers) in public financial management due to NIFMIS implementation.

The Nigeria Integrated Financial Management Information System (NIFMIS) has significantly transformed the role of public servants in public financial management.

Required:

Discuss the role of the following users of the NIFMIS platform:

(a) Budget Officers;

(b) Accountants;

(c) Procurement Officers;

(d) Internal Auditors.

(e) Principal Spending Officers; and

(f) Vote Controllers.

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PSAF – L2 – Q6.1 – The context of public financial management

Discuss five challenges of public financial management before the implementation of the Integrated Financial Management Information System.

Before the implementation of the Integrated Financial Management Information System (IFMIS), public financial management faced numerous challenges.

Required:

Discuss five challenges of public financial management prior to the implementation of the IFMIS platform.

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