Understanding Your Organization’s Financial Health and Status: A Guide to Chart of Accounts.

Effective accounting practices demand a litany of skills and knowledge, and fiscal acuity is especially critical for time and resource-challenged small- to medium-sized organizations.

In this whitepaper, you'll learn

The role a chart of accounts plays in a successful organization
Chart of accounts best practices
How to properly optimize your team’s chart of accounts

Understanding Your Financial Health

A Chart of Accounts is designed to provide a view of an organization’s financial situation and health. It assists with management reporting and is critical for meeting the demands of regulatory compliance.

It is also crucial for business decision-making and course correction, especially when structured to accurately portray differentials such as product sales vs. product returns, or salaries vs. overall productivity.