Standard Financial Manual

General description of the system

The coverage

Defining the financial and accounting system used in recording and adjusting government financial transactions, closing financial periods, and determining the policies and supervisory provisions and authorities regulating the process of recording and authorizing these transactions.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Financial Systems Development Directorate

Supervising the Central Financial System and determining the accounting treatments in the light of the approved policies and supervising the process of posting inputs and journal entries in that system.

Project Directorate

Authorizing the financial transactions and budget adjustments related to projects.

Central Efficiency Directorate

Authorizing financial transactions related to recurrent expenditures.

Budget Directorate

Authorizing adjustments to the budget of recurrent expenditures.

Payment and collection Directorate

Authorizing payments and government revenue inputs.

International Relations Directorate

Authorizing of subscriptions payments to regional and international bodies or organizations.

Public Revenue Policy Directorate

Authorizing of financial transactions related to revenue.

General description of the system

The coverage

Provisions and procedures related to preparation, approval, implementation and the control of the public budget.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Projects Directorate

Supervising the estimation and implementation process of projects budget.

Public Revenue Policy Directorate

Supervising the estimation and implementation process of revenue budget.

Budget Directorate

Supervising of the budget preparation process in general.

General description of the system

The coverage

 The controls that regulate proposing new services and/or reviewing the existing list of services by government entities, define methodologies for determining prices for government services fees, and set policies related to the management and mechanism for collecting amounts due to government entities.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Public Revenue Policy Directorate

Setting the policies related to developing and collecting public revenues and following up their implementation and compliance by government entities.

Payment and Collection Directorate

Monitor, supervise, and follow-up on procedures for collecting amounts due to ministries and government entities, identify and manage revenue collection channels, and coordinate with the concerned authorities to link services to the bank revenue accounts of ministries and government entities.

Financing Operations Directorate

Supervising the bank accounts designated for revenue.

General description of the system

The coverage

General controls over recurrent expenditures and detailed controls for some specific expenditures.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Central Efficiency Directorate

Supervising and controlling purchases of goods and services financed from the recurrent expenditures budget

Central Procurement Directorate

Supervising and controlling Unified Procurement Contracts.

International Relations Directorate

Approving the subscriptions payments for international organizations.

Payments and Collection Directorate

Supervising the payments to suppliers and other parties.

Legal Affairs Office

Reviewing the financial contracts of MOFNE

General description of the system

The coverage

Policies and procedures for controlling the inventory in government entities, also provisions and procedures for the purchase, registration and disbursement of inventory through the inventory system of the Central Financial System.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Financial Systems Development Directorate

Setting and determining the control and accounting policies for inventory recording and controlling it.

General description of the system

The coverage

This system covers general policies and provisions related to the control of government fixed assets, including the lands and real estates of government.

Directorates supervising the main operations of this system

The Directorate

The responsibilities

Financial Systems Development Directorate

Supervising the process of recording and updating the fixed assets register and following up the settlement within the general ledger system, and managing the insurance process of these assets, and following up to obtain the compensations for any losses covered by the unified insurance documents.

Government Property Affairs Directorate

Supervising and controlling of the lands and real estates owned by government.