In December 2009, the Council of Australian Governments (COAG) agreed to introduce a national standard chart of accounts (SCOA) for the not-for-profit sector in July 2010. The national SCOA will be used to guide the way government agencies ask a not-for-profit group to report basic financial information.

The NSW Better Regulation Office is inviting the sector to comment on the proposed national SCOA during February. 

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