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NFPs Sign Up For Victorian Standard Chart of Accounts

24 February 2010 at 2:22 pm
Staff Reporter
Victorian Not for Profits are signing up for training in the new Standard Chart of Accounts (SCOA).

Staff Reporter | 24 February 2010 at 2:22 pm


NFPs Sign Up For Victorian Standard Chart of Accounts
24 February 2010 at 2:22 pm

Victorian Not for Profits are signing up for training in the new Standard Chart of Accounts (SCOA) that will be soon be mandatory for all Victorian government departments and agencies.

The Victorian Standard Chart of Accounts (SCOA) is a Victorian Government initiative coordinated by the Office for the Community Sector (OCS).

The Victorian SCOA wil¬l be mandatory for Victorian State Government departments and agencies for all new funding agreements with Not for Profit organisations from 1 July 2010. However the SCOA will not be mandatory for Not for Profits.

The Office of the Community Sector says however it makes sense for Not for Profits to align themselves with government to standardise accounting processes.

The OCS says already NFP’s from across the state have started to register for the free training sessions taking place in mid-March and April. The training sessions will explain the purpose and practical application of a Standard Chart of Accounts.

It says the Victorian SCOA will reduce the administrative burden for NFP organisations which have funding agreements with Victorian Government departments and agencies by simplifying requisite financial reporting.

The Office for the Community Sector was established in the Department of Planning and Community Development in 2008 to strengthen and support the community sector. The Victorian SCOA model was adopted by the Federal Government and is now being used in other states.

Dates, times and venues for training sessions are below:

15 March – Melbourne (Mercure Hotel, 265-285 Little Bourke St), 1.30pm-4.30pm
17 March – Bendigo (All Seasons Resort, 171-183 Mclvor Rd), 2pm-5pm
19 March – Melbourne (Treasury Theatre, Lower Plaza, 1 Macarthur St), 9.30am-12.30pm
22 March – Ringwood (Karralyka Centre, Mines Rd, Ringwood East, 9am-12pm
22 March – Box Hill (Department of Human Services, 883 Whitehorse Rd), 2pm-5pm
23 March – Wangaratta (Performing Arts Centre, Ford Street) –2pm-5pm
24 March – Shepparton (Country Comfort Hotel, 481 Wyndham St), 9am-12pm
24 March – Seymour (Shire Offices, 28 High St), 2pm-5pm
25 March – Mildura (Mildura Grand Hotel, Seventh St), 12.30pm-3.30pm
30 March – Warrnambool (Country Comfort Hotel, 525 Raglan Pde), 2pm-5pm
31 March – Geelong (Geelong Conference Centre, Adams Crt, Eastern Park), 2pm-5pm

8 April – Moorabbin (Kingston Arts Centre, Cnr Nepean and South Rd), 9.30am-12.30pm
8 April – Frankston (Brotherhood of St. Laurence, 24-26 High St), 2pm-5pm
12 April – Broadmeadows (Hume Global Learning Centre, 1079 Pascoe Vale Rd), 9.30am-12.30pm
12 April – Sunshine (Victoria University Sunshine Convention Centre, Gate 1, 460 Ballarat Rd), 2pm-5pm
13 April – Bairnsdale (St Mary’s Parish Hall, Princess Hwy), 2pm-5pm
14 April – Traralgon (Quality Inn Latrobe Conference Centre, 5601 Princess Hwy), 2pm-5pm
15 April – Horsham (Horsham Sports and Community Club, 177-179 Baillie St), 2pm-5pm
16 April – Ballarat (BEST Community Development, 28 Victoria St), 2pm-5pm

For more information on the SCOA and these training sessions, please visit:

Or check out State specific SCOA information at

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