Chart of Accounts: A Critical Element of the Public Financial Management Framework

Sailendra Pattanayak and Julie Cooper

No 2011/003, IMF Technical Notes and Manuals from International Monetary Fund

Abstract: This technical note and manual (TNM) addresses the following main issues: • Discusses the purpose of a chart of accounts and its importance in public financial management • Discusses stakeholder needs in a typical public financial management framework that need to be reflected in a chart of accounts • Discusses the role of chart of accounts in budgetary and financial accounting • Discusses the relation between the chart of accounts and IFMIS • Explains key steps for identifying data requirements and structures for developing a chart of accounts

Keywords: TNM; COA structure; accounting system; COA segment; COA configuration; COA framework; chart of accounts; budget management; accounting; reporting; financial management; information system; IFMIS; budget classification; public finance; COA design; accounting classification; government control; government function; government business process; control account; Fiscal accounting and reporting; Budget execution and treasury management; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 27
Date: 2011-10-17
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25189 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imftnm:2011/003

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Technical Notes and Manuals from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().