SUB-PROGRAMME FINANCIAL MANAGEMENT Presentation ON ANNUAL PERFOMANCE PLAN 2016/17 Date: 12 – 13 April 2016 e: 13 October 2015

SUB-PROGRAMME FINANCIAL MANAGEMENT ANNUAL PERFORMANCE PLAN 2016-2017 Strategic Objective Improved strategic financial management system in DoW, enabling delivery of the mandate Strategic Objective Indicator % of invoices paid within 30 days Activities / Outputs Submit budget inputs to National Treasury in line with Budget cycle – MTEF; AENE; ENE Comply with SCM process & prevent irregular, fruitless and wasteful expenditure Pay all valid invoices within 30 days Expenditure paid within the appropriated vote of the main division Submit In-Year-Monitoring monthly report in line with PFMA Sec 39 Prevent unauthorised expenditure and maintain under spending below 2%

SUB-PROGRAMME FINANCIAL MANAGEMENT STRATEGIC PLAN 2015-2020 Strategic Objective Indicator Financial Statements and reports Activities / Outputs Maintain accounting records for Bank, creditors and debtors reconciliations Prepare financial statements (IFS & AFS ) in line with GRAAP Submit IFS and AFS to National Treasury and Auditor-General in line with PFMA Sec 40 Develop and implement Audit Action Plan to address finance audit findings Coordinate Audit Action Plan for the department Resource Requirements Goods and Services Budget for Sub- Programme R 6, 999 million G & S budget is as follows: AGSA Audit fees – R 4, 297 million Travel Agency fees – R 1, 018 million Operational budget – R 1,684 million

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