July 1, 2017 has come and gone, and with that, the deadline by which South African municipalities were to successfully implement the Municipal Standard Chart of Accounts (mSCOA) regulation. This retrospective article highlights three main challenges the IMQS Asset Management Team encountered in their efforts to help municipalities become mSCOA […]
mSCOA is a financial-reporting regulatory reform that will come into full effect on 1 July 2017 that standardises all municipal accounting practices and reporting across South Africa. Find out more about it in this infographic.
The introduction of the Municipal Standard Chart of Accounts (mSCOA) by the South African National Treasury has altered the South African municipal operating environment. In this short article you will find 7 ways in which mSCOA compliance will benefit municipal operations and read more about IMQS’s approach to mSCOA-ready Infrastructure […]