Finance and Planning
About Finance and Planing Section
The Planning and Finance Section provide sound and quality financial management service and prepare Medium Term Strategic Plan, Annual Plan and Budget and Monitor their Implementation for the Commission
This Section performs the following activities:-
Support Forecasting activities including Revenue and Expenditure;
Develop and implement Policies and procedures with emphasis on internal controls;
Respond to Audit Queries from the Controller and Auditor General and Internal Auditor regarding Financial Results;
Carry out Monitoring and Evaluation of the TAEC Plans and Budgets and prepare Performance Reports
Coordinate formulation and preparation of the TAEC Medium Term Strategic Plan, Annual Action Plans and Budgets.
Compile Reports on TAEC Projects, Programs and Action Plans and Develop Strategies for Resource Mobilization
Prepare Commission Final Accounts in accordance with International Public Sector Accounting Standards (IPSAS) and underlined Accounting Policies and Procedures;
Establish and enforce proper Accounting Methods, Policies and Principles;
Coordinate and complete Annual Audits;
Provide necessary recommendations to improve Internal Control and implement corrective actions as recommended by auditors and approved by management;
Prepare Quarterly Financial Report and Monthly Payroll
To establish Efficient Strategies for Revenue Collection.
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