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Auditing the mSCOA process and the processes linking mSCOA to the GRAP fin stat 27-29 June 2018 KZN
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2018/06/27 to 2018/06/29
When: 27-29 June 2018
Registration starts at 8am
Where: KZN
Durban, KwaZulu-Natal 
South Africa
Contact: Project Coordinator: CPD and Events
011 609 1761

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Presenter/s:

Deon van Westhuizen and Hendre Neiuhaus

Duration:

3 Days

CPD Hours:

24

Fees

Ex VAT

Incl VAT

 

Member:

R7 548.70

R8 681

 

Non-Member:

R9 058.26

R10 417

Internal audit can add value by evaluating the adequacy and effectiveness of the processes in place to ensure the reliability and integrity of the data used in the new financial classification framework. The training includes linking the critical GRAP standards with the effective application of the mSCOA framework.

 

Course Content

 

What is mSCOA?  

mSCOA is not just a budget/finance reform - it is a business reform affecting the entire municipality (including public entities) and all municipalities and municipal entities must comply from 1 July 2017.

It includes the following:

•  mSCOA is a structure of municipal accounts (comprising of 7 segments)

• mSCOA is a standardisation of a financial classification framework introduced by National Treasury

•  The primary objective of mSCOA is to achieve an acceptable level of uniformity and quality from the collection of data

•  The data is then used to compile both budgets and financial statements

• Budgets and financial transactions are captured in the system by using 7 segment codes

•  All 7 mSCOA segments must be used to record a single transaction

Who should attend?

 

Level 4

For advanced internal auditors: Auditors with excellent understanding of topics being presented, who are interested in exchanging knowledge with instructors and other participants

 


Please be advised of the event terms and conditions.
Delegates are also requested to review the content and the levels of the courses presented before booking, to ensure they are attending the right course.


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