U-Risk® Overview - MFMA


  • Section 62(1)(c)
  • “the accounting officer of a Municipality… must… take all reasonable steps to ensure- that the municipality has and maintain… systems-(i) of… and risk management and internal control”
  • Section 78(1)(a)
  • “Each senior manager of a Municipality and each official… exercising financial management responsibilities must take all reasonable steps within their respective areas of responsibility to ensure- that the system of financial management and internal control… is carried out diligently”
  • Section 95(c)
  • “The accounting officer of a Municipal entity must…take all reasonable steps to ensure- That the entity has and maintain…systems-(i) of… and risk management and internal control”
  • Section 57(a)
  • “Each official of a Municipal entity exercising financial management responsibilities must take all reasonable steps within that official’s area of responsibility to ensure- That the system of financial management and internal control… is carried out diligently”