|Role of IMFO in ensuring Effective Municipal Service Delivery|
Professionalism is simply a matter of maintaining high standards and ethics. These attributes improve a profession, in this case, that of the municipal finance officer. Municipal Finance Officers are constantly under pressure to act professionally and to deliver work of a professional nature, increasingly so over the last few years. These officers constantly need to advise the decision-makers in local government about the financial state of affairs of the communities they serve.
Besides its accounting function, municipal financial officers need to control the income and expenditure of rates and taxes of communities. The analysis of the information and more particularly the implications, together with sound advice, need to be conveyed to their executive committees and councils. Should good advice be given and followed, the result will be financial health. Should poor advice be given, disaster may follow.
As the keeper of the public purse, the municipal finance officer is professionally accountable to everyone in his/her community, ranging from the richest to the poorest.
Professionalism and ethics do not come by themselves. Furthermore, they cannot maintain themselves. The Institute provides the framework for municipal finance officers to, collectively, enhance and maintain professionalism and ethics in the field of municipal finance.
Local Government is at a dynamic stage of development with a whole suite of new legislation impacting on its operations being promulgated recently. IMFO, as the professional body representing the local government finance fraternity has made substantial inputs at the drafting stage of legislation and is in an ideal position to articulate your needs and concerns on an ongoing basis. IMFO facilitates networking where expertise and knowledge can be shared and exchanged between professionals and members of the private sector and other municipalities. A prestigious Conference and Provincial seminars take place annually with extremely positive feedback.
IMFO helps keep members up to date by hosting demand driven Capacity Building workshops on technical issues. (Budgeting, Financial statements, GRAP etc)
The Institute’s quarterly publication, the IMFO Journal, is a top class magazine that is packed with highly useful articles, product information and the latest developments in the local government field. Practitioners, City Managers, Councillors and students should find the IMFO Journal a valuable source of reference Many existing members see a lasting value in making connections with others in the profession. They believe that the value far exceeds the modest annual subscriptions payable. After all, can one really put a rand value on making lasting connections for one’s personal and professional growth?
THROUGH IMFO, MUNICIPAL FINANCE OFFICERS GEL TO FORM A PROFESSIONAL BODY WITH A AUTHORATIVE REPRESENTATIVE VOICE, PROMOTING THE PROFESSION OF THE MUNICIPAL FINANCE OFFICER