This is the recognition, measurement and accounting for revenue. It also involves the management of the potential and actual revenue of an organisation in such a way as to ensure that revenues due are properly collected and accounted for.

• Identification and documentation of various sources of revenue available for the MDA;
• Provision of information to management on guidance and practices to promote the collection of such revenue;
• Establishment of management and accounting policies and procedures for revenue mobilization and collection;
• Establishment of internal control system for revenue management;
• Posting of key personnel to take charge of revenue management;
• Establishment of roles and responsibilities of revenue personnel;
• Revenue should be properly receipted and promptly paid in gross into the designated bank account of MDA.

i) There is the need for effective control of cash;
ii) It is essential that the regulations and the instructions given by the Controller and Accountant General with respect to disbursement of public funds, are fully complied with;
iii) Details of all payments must be properly authorised and captured;
iv) An approving officer shall only approve a commitment where sufficient unspent and uncommitted warrant balance exists for the purpose of the commitment or where the Minister of Finance has approved a commitment extending beyond the current financial year;
v) A payment from the MDAs account shall be made where an Approving Officer has duly authorised the payment and the Head of Finance has certified that the details of the payment are correct and the payment may be properly made;
vi) All payments must be supported by a payment voucher which shall contain the particulars of the service works or goods being paid for by the MDA.

• When the officer resigns from employment without leaving any traceable address;
• When the officer dies having no known estate;
• When the expenses to be incurred in the collection of the advance is not justified in relation to amount of advance and its possibility of collection.

i) Other public institutions as defined in section 45 (1) of Act 654 and government agencies, which receive financial support from government shall have agreements covering the payment of such support and shall provide for the:

a. appointment of a government nominee in the governing body;
b. Prior approval by the Government of financial and accounting arrangements of the institution concerned;
c. Submission of the annual estimates to the Minister for review and submission to Parliament for approval;
d. Audit of accounts by the Auditor-General or an Auditor appointed for the reporting to the Auditor-General; and
e. Issue of directions by the government on matters affecting the financial policy to be adopted by the institution concerned.

ii) The requirement for receipt of financial support shall be subject to the condition that the institution assisted shall render audited annual statements of accounts to the Minister with a copy to the Controller and Accountant-General.
iii) The provisions of section 50(1) and (2) of the Financial Administration Act, 2003 (Act 654) shall apply to all other public institutions.
iv) Where financial support is given by Government to public institutions, quarterly returns on expenditure shall be forwarded to the Minister and the Controller and Accountant General in such form as may be determined by the Controller and Accountant-General in consultation with the Minister.