The skill program aligns with the unit standard titled “Prepare budgets for a specific sector” (US: 120302) at NQF Level 6, carrying 15 credits.

Portfolio Of Evidence: To achieve competence in these unit standards, the learner must undergo assessment by a registered assessor and demonstrate competency in the following Formative Assessment and Summative Assessment.

• Applying knowledge and understanding of the South African legislative framework for budgeting processes.
• Evaluating budgeting processes and procedures.
• Managing budgetary processes and data to ensure that they comply with timeframes, integrated planning and legislative requirements.
• Recommending and advising on the roles and responsibilities of role players in the budgetary process.
• Prepare and compile the budget in line with policy initiatives and prescribed amounts.
• By understanding SCOA, participants will be better positioned to make informed budgetary decisions aligned with national priorities.
• Attendees will gain skills to ensure that budgeting and reporting are compliant with SCOA standards, leading to cleaner audits and increased trust from stakeholders.
• Participants will be familiar with the future directions in public financial management and potential changes to SCOA, positioning them to adapt swiftly to new developments.

Introduction and Foundations

• Welcome and Overview
• Introduction of participants and facilitators
• Expectations and objectives for the training

Government      Budgeting      in      South      Africa: Background

• A brief history of public finance management in South Africa
• Key legislation        guiding        public       financial management: PFMA, MFMA

Overview of the Budgeting Process

• Budget formulation, execution, monitoring, and evaluation
• Budget cycles: planning, approval, implementation, and evaluation

SCOA Basics

• Introduction to SCOA: Purpose and background
• The importance of SCOA in ensuring transparency, accountability, and efficient resource allocation

SCOA Components

• The seven segments of SCOA: Project, Fund, Region, Responsibility, Objective, Item, and Ledger

Coding and Classification

• The logic and importance of SCOA coding
• Practical exercises on coding

SCOA and Budget Preparation

• How SCOA impacts the budget preparation phase
• The importance of alignment and accurate coding

Practical Session

• Case study: Developing a mock budget using SCOA principles

Q&A

Budget Execution, Monitoring, and SCOA Compliance

Implementing the Budget

• Steps and best practices
• The role    of    different     stakeholders     in    budget execution

Budget Monitoring and SCOA

• How SCOA assists in budget monitoring
• Tools and    techniques     for     effective     budget monitoring

Budget Variance and Reporting

• Identifying and addressing budget variances
• Using SCOA for accurate financial reporting

Practical Session

• Analysing budget   reports    and   ensuring   SCOA compliance

SCOA in the Broader Context & Wrap Up

Integrating SCOA with Other Systems

• How SCOA    complements    other           governmental systems
• Ensuring interoperability

Auditing and SCOA

• How auditors use SCOA for financial oversight
• Ensuring clean audits through SCOA compliance

Auditor General ‘s comments on budgeting and SCOA

• Strength, Weakness & Auditors recommendations

Future of Budgeting and SCOA

• Trends and innovations in public financial management
• Potential future changes to SCOA

Feedback and Recommendations

• Opportunities for improvement in SCOA implementation
• Feedback on the training and how it can be improved for future sessions

This workshop runs for 4 days

Price per Delegate: R 10 999.00
Price per Delegate:(2 or more Delegates): R9 699.00

Our Budgeting In Government With An Emphasis On SCOA is available in a variety of formats to best match your needs

In-House training: We bring the training to your location. Available with customized features created to meet your requirements.

Virtual Training: Delivered totally online, our virtual sessions are designed to keep participants engaged through relevant training, activities for practice, and ongoing reinforcement.

• Finance Practitioners
• Procurement Practitioners
• Supply chain professionals
• Administrators
• Managers
• Controllers
• Supervisors
• Facilities Managers
• Procurement Committee Members
• Finance Committee Members