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
)
Expenditure Management
Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation.
)
Budgeting and Appropriations
Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.
)
Human Resource Management
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.