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A to Z of LPT


A = Asset Management is the directorate in the LPT that deals with the barcoding of the physical moveable assets like office furniture, computers.
  Auditor-General  
B = BBBEE Broad Based Black Economic Empowerment
  Brand LPT Is
  Budget services  
  Budget Allocation is a directorate that ensures the administration of Provincial Resource Distribution
  Budget speech  
C = Communications  
  Cash flow management  
  Central Procurement Committee (CPC):  
  Corporate Governance : is a branch that administers corporate affairs.
D = Division of Revenue Act (DORA): Is an Act which serves for the provision of the equitable division of revenue raised nationally among the national, provincial and local spheres of government for the financial year and the responsibilities of all three spheres pursuant to such division; and to provide for matters connected therewith.
E = Employment Equity An Act that ensures that there is equity in the workplace.
F = Financial Management Services is a directorate that renders the financial management services like co-ordinating the departmental planning and budgeting processes, compiling and managing the MTEF Budget Process and managing and monitoring Revenue and Expenditure Asset and Liabilities.
  Fiscal Development is a directorate that is there to ensure the monitoring and implementation of Provincial and Parastatals Revenue Policies.
  Financial Planning : is a directorate that is there to ensure the planning and management of Municipal Budgets
  Financial Governance is a branch that is there to administer Accounting Services and Systems Development in Provincial Department and Parastatals
  Provincial Financial Reporting is a directorate that ensures the effective implementation of accounting practices and preparation of consolidated financial statements in provincial departments and parastatals.
  Municipal Financial Reporting  
  Financial Systems Development is a directorate that manages financial systems development. This directorate deals with the testing of systems and releases, implementation of the developed systems, monitoring of the systems security and performance
  Financial Accounting Service is a directorate that renders financial accounting services. It manages the departmental banking, maintains accounting records, compile accounting statements.
G = Government  
H =    
I = Infrastructure Development:  
  Provincial Infrastructure Grant  
  Infrastructure Delivery Improvement Programme (IDIP):  
  Internal Audit  
J =    
K =    
L = Limpopo Provincial Treasury is government institution in Limpopo Province that administers the funds of the province. It deals with the administration of Provincial and Municipal Expenditure, administration of Accounting Services and Systems Development, management of Government Assets, Liabilities and Supply Chain, administration of Corporate Governance. It also provides an effective Financial Management support services to the Department and Strategic and Administrative Support to the HOD. And finally this department ensures the minimisation of the impact on Departmental risk exposure.
M = Macro-Economic Analysis : is a directorate that administers the provision of Provincial and Parastatals Socio-Economic Research and Analysis.
  MFMA (Municipal Finance Management Act): It is an Act which guides the municipal authorities to manage the municipal finances
  MTEF Medium Term Expenditure Framework):
N =    
O = Overspending Spending more than what is budgeted for
P = PFMA (Public Finance Management Act): It is an Act which guides Government Departments on how to manage public finances
  PGDS (Provincial Growth and Development Strategy):
  PPP (Public-Private Partnership): When the public sector goes into partnership with the private sector
  PPPFA (Preferential Procurement Policy Framework):
Q =    
R = Revenue collection  
  Return-on-investment:  
S = SCM Supply Chain Management
  Supply Demand Policy  
  Supply Chain Management Advice Centres  
  Supply Chain Performance Management  
  SCOPA Standing Committee On Public Accounts
T =    
U = Underspending Spending Less than what is budgeted for
V =    
W =    
X =    
Y =    
Z =    
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