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

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