Overview

The Chart of Accounts (COA) is at the heart of a government’s financial management system. It enables fiscal controls, discipline, and transparency while supporting performance and policy management. It likewise facilitates reporting and data analysis. A carefully designed unified COA is a prerequisite for Public Financial Management modernization and digitalization.

The Chart of Accounts (COA) Course is designed to help government financial managers explore the fundamental design criteria for creating a modern and effective COA. Through this course, participants will learn how a well-designed COA can streamline reporting, provide global visibility and improve compliance.

Course Objectives

  • Explore fundamental design criteria for creating a forward-thinking COA.
  • Learn how a well-designed COA streamlines reporting, provides global visibility and improves compliance.
  • Understand how to leverage FMIS features like roll-ups, reporting, and mapping.

Course Content

  • Designing a COA
  • Harmonizing budget and accounting classifications
  • Standard classification systems like the Government Finance Statistics (GFS) and Classification of the Functions of Government (COFOG)
  • Configuring a COA
  • Mapping and migrating a COA

Target Audience

  • PFM consultants
  • GRP Consultants
  • Business Analysts
  • Civil Servants
Dates On Demand
Length 0.5 Days
Pace Self Paced
Fees $50 (Introductory Price)
Language English

Related Courses

Human Resource Management

Human Resource Management

Overview The FreeBalance Human Resource Management (HRM) module is a comprehensive course that provides participants with a solid understanding of the features and functionalities of the FreeBalance HRM system. This module is designed to equip HR professionals with the knowledge and skills necessary to effectively manage and streamline their organization’s human resource processes. The course … Continued

Expenditure Management

Expenditure Management

Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation.

Contract Management

Contract Management

Overview The FreeBalance Contract Management module is a comprehensive solution designed to streamline and optimize contract management processes in various public sector organizations. This course provides participants with the necessary skills and knowledge to effectively utilize the Contract Management module and gain expertise in managing contracts efficiently. Participants will learn to create, track, and control … Continued

Contact