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“Toning” of the SCOA

“Toning” of the SCOA. Provincial and National Roadshows February & March 2008 Presented by: SCOA Committee National Treasury. Aim of the project. To improve the ability to extract meaningful data for monitoring Government expenditure How?

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“Toning” of the SCOA

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  1. “Toning” of the SCOA Provincial and National Roadshows February & March 2008 Presented by: SCOA Committee National Treasury

  2. Aim of the project • To improve the ability to extract meaningful data for monitoring Government expenditure • How? • Adjustments to BAS to modify specific areas in the Standard Chart of Accounts (SCOA)

  3. SCOA review focus areas • Improved reporting on infrastructure expenditure • Alignment of programme structures between budget documentation and BAS • Recording of the economic classification in an appropriate segment in the chart • Classification and categorisation of Goods & Services item structure • Improvement of the functional classification • Monitoring Science and Technology Activities

  4. Segment DiscussionHighlights of the changes to the different segments

  5. Systems Structure (BAS)

  6. Fund Segment • What source of funding will be used for the transaction? • Main sources: • Voted funds • Earmarked allocations • Conditional Grants • Inter Departmental Services • New balance sheet accounts to keep track of inter departmental service and advances

  7. Objective Segment • Against which programme / activity should the transaction be recorded? • Programme budget of department • Centrally locked Objective Structure aligned to budget document • Departments to capture lower levels • Departments to link personnel • Need to verify sub-programme details • Trading Entities • Departments to create sub structures

  8. Responsibility Segment • Identify cost centres • To which cost centre should the transaction be allocated? • Link to organisational structure • Not standardised – Treasuries can structure at own discretion

  9. Item Segment • What is the item that is being bought? • Review based on history data • Changes • More detail on Consultants and Inventory • Remove duplication of asset categories and minor assets • Removed all unused items • Restructured the levels to provide better summaries

  10. Asset Category Segment • Does the transaction relate to an asset and if so, which category of asset? • Provide for details of assets • Eliminates duplication in Item Segment • Allows for capturing of own account transactions • Alignment with the Asset Management Guide

  11. Project Segment • Does the transaction relate to a specific project, and if so what type of project? • Economic classification • Project vs. Stand alone • Projects – Infrastructure, Infrastructure transfers, non-infrastructure • Identify maintenance, upgrade, refurbishment and new

  12. Regional Segment • In which region does the service get delivered? • GIS of Government Spending • Look at service delivery perspective • Broken down by Municipality • Provide for general spending not related to a specific Municipality • Provide for general categories at provincial and district level

  13. Questions

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