mSCOA historical background

The historical vote structure in municipalities consisted of two components, namely the ‘department’ and ‘item’, which are accommodated in mSCOA as part of the ‘Municipal Standard Classification segment’ and the ‘Item segment’ respectively. mSCOA has introduced five additional components/segments, increasing the dimensions of reporting on financial data.

Every transaction and the budgeted item will now have seven descriptors per mSCOA. The Item segment forms the financial component of the transaction while the other six segments are added attributes to the transaction. This yields more meaningful insights into the business processes of a municipality, and comparability across various municipalities due to the standardized nature of six prescriptive segments of the seven required by mSCOA.

Ginini Consulting is offering wider range of ONLINE courses. In response to high demand from our clients who wish to limit person-to-person interaction due to Coronavirus (COVID-19) epidemic. Upskill yourself today from the comfort of your quarantined home by enrolling for mSCOA online courses today.

Each course is taught by our mSCOA preferred trainer endorsed by National Treasury and online classes are conducted live. Learning material will be forwarded to the learner before the class starts. An mSCOA Certification of Completion will be awarded at the end of the course.

Build in-demand mSCOA skills in an accessible online format.

Register for mSCOA Online Course listed below: