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