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2978 No. 64MINUTES OF ETHEKWINI MUNICIPAL COUNCIL Meeting held on Tuesday, 20240326T10:00, Inks Albert Luther International Conventional Center, Durban.PRESENT:Councillors TE Arose (Speaker), TM Kaunda
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What is municipal public accounts committee?
A municipal public accounts committee is a body established within local government to oversee the financial statements and accounts of the municipality, ensuring transparency, accountability, and compliance with financial regulations.
Who is required to file municipal public accounts committee?
Typically, local government officials, municipal accounting staff, and auditors are required to compile and present financial reports to the municipal public accounts committee.
How to fill out municipal public accounts committee?
To fill out the municipal public accounts committee report, gather all relevant financial data, ensure proper documentation of expenses and revenues, analyze the accounts for discrepancies, and complete the report according to the established guidelines and formats set by the local government.
What is the purpose of municipal public accounts committee?
The purpose of the municipal public accounts committee is to review and audit the financial statements of the municipality to ensure that public funds are being utilized effectively, to promote transparency in local government financial practices, and to provide recommendations for improvements.
What information must be reported on municipal public accounts committee?
The report must include comprehensive financial statements, budgetary performance, revenue streams, expenditure details, audit findings, and any variances from the approved budget.
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