In general terms discuss the role of the Public Financial Management Reform Program (PUFMARP) and Budget and Public Expenditure Management System (BPEMS) in budgeting within the Ghanaian public sector.The Ghana Integrated Financial Management Information System (GIFMIS) was developed based on the Integrated Financial Management Information System (IFMIS). Specifically to the Ghanaian public sector, it is applicable to MDAs & MMDAs and covers some funds including the consolidated and statutory funds among others.Required:Provide a general overview of IFMISDiscuss the implementation process of GIFMIS in GhanaThe GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and sub-systems are listed below. Provide in full the meaning of these abbreviations and tell briefly how they interface with the GIFMIS. Program Based Budgeting (PBB)Payroll & HuRMIS (PSC)CS-DMRS (DMD-MOF)E-Monitor (Non-Tax Revenue-MoF)PIMS (PID-MoF)TRIPS & GCMS (GRA)T-24& SWIFT (BoG)E-Procurement (Public Procurement Authority)

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Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter9: Profit Planning And Flexible Budgets

Section: Chapter Questions

Problem 76C

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In general terms discuss the role of the Public Financial Management Reform Program (PUFMARP) and Budget and Public Expenditure Management System (BPEMS) in budgeting within the Ghanaian public sector.
The Ghana Integrated Financial Management Information System (GIFMIS) was developed based on the Integrated Financial Management Information System (IFMIS). Specifically to the Ghanaian public sector, it is applicable to MDAs & MMDAs and covers some funds including the consolidated and statutory funds among others.

Required:

Provide a general overview of IFMIS
Discuss the implementation process of GIFMIS in Ghana
The GIFMIS interfaces with a number of systems and sub-systems. A number of these systems and sub-systems are listed below. Provide in full the meaning of these abbreviations and tell briefly how they interface with the GIFMIS.

Program Based Budgeting (PBB)
Payroll & HuRMIS (PSC)
CS-DMRS (DMD-MOF)
E-Monitor (Non-Tax Revenue-MoF)
PIMS (PID-MoF)
TRIPS & GCMS (GRA)
T-24& SWIFT (BoG)
E-Procurement (Public Procurement Authority)

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