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.
* Understand current chart of accounts best practices and how to fix the current mess that you may have
* 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
Who Should Attend
Anyone with responsibility for a General Ledger System
Some real-world experience working with general ledgers
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected].
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via phone or email 30 minutes prior to the start of a live online program.
CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.
The CPE Select pass grants unlimited access to qualifying webinars and on demand programs on a calendar-year basis. Early bird pricing runs January 1 through May 31, and regular pricing runs June 1 through December 31.
We anticipate a spike in webinar activity later in the calendar year, and NCACPA is not liable for third-party service outages that may occur. Please plan your CPE before 12/31 to avoid any unforeseen technology issues.
Test Your System
You may test your system by clicking here. Please test your system to ensure you have the proper components installed.
Also Available As
Wednesday, March 25, 2020 (12:00 pm–12:50 pm ET)
Share This Event
|Registration Fee||Early Bird||Regular|
For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.