Probe loss of public funds through Ifmis - News Summed Up

Probe loss of public funds through Ifmis


A major financial management system like this one cannot be susceptible to such errors. Explanations given by the National Treasury that the errors may have accrued through missteps by county financial managers is hogwash. By EDITORIALMore by this AuthorQuestions about integrity of the Integrated Financial Management System (Ifmis) have dominated public debate in the past few weeks. As a technology system, it has inbuilt systems that counter-check and block fraudulent transactions. A major financial management system like this one cannot be susceptible to such errors.


Source: Daily Nation May 18, 2019 21:56 UTC



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