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Prepare automated annual and year-to-date financial statements as per the National Treasury mSCOA Specimen Financial Statements.
mSCOA Specimen Financial Statements enable municipal finance professionals to automate the preparation of financial statements in accordance with the National Treasury issued specimen.
Seamless engagement content is automatically created from an integrated import of the datasets that are submitted to the National Treasury like the ORGB, TABB, M1-M12, etc. Powered by a single datasource, mSCOA Specimen Financial Statements align effortlessly with MBRR schedules.
When combined with Caseware Cloud and SmartSync™, distributed teams can seamlessly collaborate together on the same engagement, wherever they are, at any time.
Key Features
mSCOA Specimen Compliance
Automate and update the financial statements with the latest changes as issued by National Treasury.
Seamless NT dataset import
Import and create mSCOA Specimen Financial Statements with integrated support directly from the datasets submitted to National Treasury.
Built-in mSCOA
Simplify account assignment and grouping with inclusive support for the Municipal Standard Chart Of Accounts.
MBRR Schedule Integration
Generate both mSCOA Specimen Financial Statements and MBRR Schedules in a unified solution with National Treasury datasets.
Automation
Drive continuity from one data source across the Specimen Financial Statements, all schedules, annexures and working papers.
Built-in Roll-forward
Increase efficiency by leveraging extensive built-in logic to roll-forward selected information related to the client.
Permissions and Staff Assignment
Create, assign, track issues and review notes, monitor to-do lists, manage, review and approve using up to 8 sign-offs.
Built-in Consolidation
Aggregate many trial balances from various General Ledger Systems to simplify group reporting in a central platform.
Required Products:
mSCOA Specimen Financial Statements
Prepare automated annual and year-to-date financial statements as per the National Treasury mSCOA Specimen Financial Statements.
Caseware Working Papers
A flexible project management solution that integrates everything needed to conduct assurance and reporting engagements.
In Product Add-Ons:
Caseware Consolidation
Combine several entities into a single parent company to create consolidated financial statements.
Optional Extras:
MBRR Schedules
Prepare automated Municipal Budget Reporting & Regulation (MBRR) schedules as required by the MFMA Act.
Caseware Cloud
World-class compliance and streamlined automation, from any location, on any device, at any time.
Caseware Connector
Enable Microsoft® Word and Excel® with the power of Caseware Working Papers.
Caseware SmartSync™
Collaborate on Caseware Working Paper files from anywhere, at any time.
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