To regulate financial management in the national government and provincial governments; to ensure that all revenue, expenditure, assets and liabilities of those governments are managed efficiently and effectively; to provide for the responsibility of persons entrusted with financial management in those governments; to provide for matters connected therewith.
The Accounting Officer as agreed, reports to the MEC on a regular basis on matters of relevance. On a formal basis, monthly and quarterly reports are submitted to the executive authority.