- 10 Marks
PSAF – May 2021 – L2 – Q3a – Public expenditure and financial accountability framework
Explain the objective of the PEFA framework, its uses, and the sources of information for PEFA assessment.
Question
The Public Expenditure and Financial Accountability (PEFA) Framework has gained worldwide recognition due to its contribution to public financial management discussions. It is one framework that has received acceptance across the globe.
Required:
i) Explain the objective of the PEFA framework. (2 marks)
ii) Discuss FOUR (4) uses or applications of the PEFA Reports. (4 marks)
iii) Explain FOUR (4) sources of information for the PEFA assessment. (4 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Financial Reporting, Framework Objectives, PEFA, PEFA Report, Public Financial Management
- Level: Level 2
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