Financial control management by programme managers at Tshwane University of Technology

M.Tech. Business Administration. Business School.The purpose and scope of the study is defined by the objectives of the study, which are:  To determine the skills level of TUT Programme managers on the financial management system, Integrated Tertiary Software (ITS).  To determine the extent of the use of financial management system (ITS).  To determine to what extend policies and procedures at TUT are complied with by Programme managers.  To determine whether Programme managers understand and can interpret the general ledger content and where and how all the transactions are generated.  To determine the interventions needed to developed and assist Programme managers to improve their management and control of financial activities in their departments and cost centres. A thorough literature study was and quantitative techniques employed. The questionnaire was developed based on the identifying of shortcomings at TUT relating to financial management by programme managers. These areas include the knowledge and ability to use and interpret the financial information system at TUT. Respondents in the survey were programme managers which can be defined as staff members at TUT that has the responsibility to manage and control cost centre (fund allocations) according to the policies and procedures supplied by TUT. All campuses were included in the survey. Respondents in the survey completed the questionnaire where there were several results obtained regarding biographic variables, variable in respect to the ITS General Ledger system, financial training and variables with respect to policies and procedures at TUT. The objectives of the study were attained, and resulted in several recommendations to extend the knowledge, management and control of finances in academic and administrative departments at TUT. Furthermore it was recommended that training sessions on financial management and awareness campaigns regarding policies and procedures should be launched for staff to attend which will enhance reliable financial governance