MNCPA is here for you.
Let us know how we can help.

22WX-2691: Fixing Your Chart of Accounts (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Date Tuesday, December 27, 2022
Time 9:00am - 10:00am
Central Time
Location Online
CPE credits CPE 1.0
Field(s)
of study
Accounting - Technical (1.0)
Instructor John Daly, MBA, CPA, CMA, CPIM
Executive Education, Inc.
Fees
Standard Member Fee $49.00
Standard Nonmember Fee $49.00

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.

Who should take this program?

Anyone with responsibility for a General Ledger System

Major subjects

  • 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

Learning objective(s)

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

Notes:

Course code Code 22WX-2691
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Level Intermediate
Format Group Internet Based
Prerequisites Prereq. Some real work experience working with General Ledger Systems
Advance
prep
None

If you have questions about this event, please call us at 952-831-2707.