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Webinar (CPA Crossings): Fixing Your Chart of Accounts

Description

A well-organized chart of accounts supports robust responsibility reporting, makes it easy to answer “what if?” questions and helps eliminate data entry errors. However, many organizations cling to the primitive practices of a half-century ago that impose barriers to developing budgets, holding people accountable, gathering useful data and keeping errors from creeping into their financial statements.

Best practices today look little like the examples you may have seen in business school. If you sense that your general ledger could do far more, this session will show you how to fix your problems

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

Understand current chart of accounts best practices and how to fix the current mess that you may have.  

Major Topics

Current Chart of Accounts Best Practices

  • Why developing a chart of accounts begins with studying your organizational chart
  • How to identify your account segments
  • Determining the order of your account segments
  • Best practices for numbering account bases
  • How to avoid memorization

Fixing Your Current Chart of Accounts

  • How big company and small company software differs
  • Two key approaches for preserving your historical data
  • What to know when making major chart of accounts changes

Provider
CPA Crossings, LLC
Course Level
Intermediate
CPE Field of Study
Accounting
1
Who Should Attend

Anyone with responsibility for a General Ledger System

Instructor(s)
John Daly
Prerequisites

Some real work experience working with General Ledger Systems

Advanced Preparation

This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Location
Webinar
Event Information
When
Dec 17, 2021
8:00 am - 9:00 am MDT
Location
Webinar
Total CPE Credits
1
Format
Webinar

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Webinar (CPA Crossings): Fixing Your Chart of Accounts


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