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

Payroll Management

Payroll Management

Managing payroll can be a complex and time-consuming task, but it’s a critical function of any organization. The Payroll Management course is designed to assist HR and payroll professionals understand the fundamental principles and best practices for effective payroll management by using the Payroll Management module.

Purchasing Management

Purchasing Management

Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money.

Budgeting and Appropriations

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.