1. The Treasury, Mauritius Integrated Financial & Management Information System (IFMIS) Presented by S. Ramdeen Assistant Accountant General Treasury, MOFED

2. The Treasury, Mauritius The Treasury within the Govt Government Min. Min. Finance Dept.

3. The Treasury, Mauritius Mission “ Striving towards excellence in service delivery through continuous improvement and enhancement” Vision “ To be recognised as a modern organisation providing financial services of international standard”

4. The Treasury, Mauritius Main Functions of The Treasury Act as Govt Accountant –Manage daily accounting of all Exp./Rev. –Prepare Annual Financial Statements –Review Government Accounting System Manage Govt’s Cash Flows Monitor Budget Manage Civil Servants Pension System FX management

5. The Treasury, Mauritius Accounting System of Government Cash Basis (or rather Modified Basis) Finance and Audit Act and other relevant Legislation Financial Management Manual 31/12/X2 Financial Statements Prepared Legislative Assembly Audit of FS 28/02/X3 01/07/X1 Financial Year 30/06/X2 Timeframe

6. The Treasury, Mauritius Evolution of Accounting Software Before 1988Manual 1988 to 1991 Payment System on Dbase IV for Self-Accounting 1991 to 1993 Payment System ( cheques) on Oracle 6 for Treasury 1993 to 1999 Vote Mgmt System on Oracle 6 for Treasury 1999 to Date Oracle Financials for all Govt. Accounting Treasury Accounting System (TAS)

7. The Treasury, Mauritius Treasury Accounting System (TAS) Government Accounting System Oracle Financials ~ One of Leading ERP 180 PCs connected Closed Network Centralised and Integrated System

8. The Treasury, Mauritius TAS NETWORK TREASURY MOFGAO Income TaxVATRevenue AuthorityCSO Ministries & Departments

9. The Treasury, Mauritius The Treasury IT System Oracle Financials GL, AP, AR & CM Pension System Passage System Loan System Mauritius Automated Clearing and Settlement System (BOM)

10. The Treasury, Mauritius Moving towards Management Accounting Traditional Acc.Management Accounting Chart of Accounts Expenditure/RevenueAnalysisCost Centers Cost per School Cost per Hospital/AHC Expenditure Projects

11. The Treasury, Mauritius Achievement of TAS BeforeAfter Available after One MonthAvailable Daily Excess PossibleAbsolute Control Available Appx 3 MonthsAvailable Within 1 Week Available Appx 5 MonthsAvailable 2 Months Idle CashNo Idle Cash Receipts and Payments Funds Control Monthly Accounts Yearly Accounts Cash Flow Management Manually CompiledOn-Line Budget Monitoring Not AvailableAvailable MIS Appx 4 to 5 MonthsAppx 1 Month Audit

12. The Treasury, Mauritius Main Reports of the ISMS  Recurrent Revenue Monthly Forecast of Recurrent Revenue Summary of Monthly Forecast Statement of Actual Recurrent Revenue  Recurrent Expenditure Monthly forecast of Recurrent Expenditure Monthly Actual Recurrent Expenditure - item wise  Expenditure by Economic Classification Expenditure summary by Ministry

13. The Treasury, Mauritius Main Reports of the ISMS  Capital Revenue Monthly Forecast of Capital Revenue Statement of Actual Capital Revenue  Capital Expenditure Monthly Forecast of Capital Expenditure Statement of Actual Capital Expenditure

14. The Treasury, Mauritius Success Factors Strategic Commitment and Strong Will Treasury Management Knowledge Dedicated Staff Knowledge of Business Processes in Other Departments Right Solution and Partners Continuous Training

15. The Treasury, Mauritius Future Strategy Asset Management and Accounting Accruals Accounting Overseas Missions Accounting MTEF Interface with the Central Personnel System Payroll Module Budget Module

16. The Treasury, Mauritius Extract from WB 2004 Report “ The Accountant General’s office recently introduced a state of the art computerised system using Oracle Financials, which has forced the Government to update expenditure information. The Public Finance Section of the Ministry of Finance can now access information in the accounting system at any time. During the year, Ministries are able to reallocate funds between recurrent items of expenditure and capital projects as long as the total budget is not exceeded. Overall compliance with public finance rules and regulations is strong’

17. The Treasury, Mauritius Important No Financial or Technical expertise solicited Implemented within 5 months

18. The Treasury, Mauritius Integrated Financial & Management Information System (IFMIS) Presented by S. Ramdeen Treasury Ministry of Finance & Economic Development Republic of Mauritius