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19 JULY 2022 MUNICIPAL FINANCE MANAGEMENT ACT (MFA): PRELIMINARY BUDGET AND PERFORMANCE ASSESSMENT REPORT IN TERMS OF THE MFA, SECTION 52(d), FOR THE QUARTER ENDED 30 JUNE 2022INDEXPAGE1. Purpose22.
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Start by gathering all the necessary financial information for the quarter.
02
Review the previous quarter's expenses and revenue to identify any trends.
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Who needs section 52 mfma quarterly?

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Local government entities such as municipalities and municipal entities are required to fill out section 52 MFMA quarterly reports to provide transparency and accountability in their financial management.
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Section 52 of the Municipal Finance Management Act (MFMA) requires municipalities to submit quarterly reports detailing their financial performance.
All municipalities in South Africa are required to file section 52 MFMA quarterly reports.
Municipalities must provide detailed financial information including revenue, expenditure, assets, liabilities, and cash flow in the section 52 MFMA quarterly reports.
The purpose of section 52 MFMA quarterly reports is to ensure transparency and accountability in municipal financial management.
The reports must include information on revenue, expenditure, assets, liabilities, and cash flow of the municipality.
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