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Ministry of Finance Issues 2010 Financial Procedures Manual
ABU DHABI — The Ministry of Finance, or MOF, issued the 2010 Consolidated Financial Procedures Manual for the UAE Federal Government.
The manual includes procedures for financial departments in all Ministries and government entities and ensures standardisation of concepts and practices.The manual was launched at two simultaneous workshops organised by the Ministry yesterday at its headquarters in Abu Dhabi and Dubai.
The procedures manual details all steps, supporting annexes and legal instruments for all financial procedures which Ministries and government agencies need to apply.
“The Consolidated Financial Procedures Manual for the Federal Government is a necessity for using the latest systems and financial techniques. We are following the principles of decentralization and delegating authority to Federal partners involved in the management and preservation of public funds. We are applying procedures according to financial and administrative instructions,” said Abdul Rahim Al Zarooni, Executive Director, Department of Financial Affairs, MOF at the launch of workshop.
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