The Hidden Costs of a Broken Chart of Accounts
Thu, Jul 16
|Virtual Webinar
Recognize the invisible costs and inefficiencies created by an outdated or poorly structured Chart of Accounts (COA), laying the groundwork for prioritizing and planning a COA modernization initiative.
Time & Location
Jul 16, 2026, 1:00 p.m. – 2:00 p.m. MDT
Virtual Webinar
About the event
Over time, municipal COA designs can lose their effectiveness due to system changes, evolving reporting requirements, limited documentation, and staff turnover. Whether using Excel or third-party software for budgeting or reporting, many finance teams are spending a significant portion of their time managing, reconciling, and cleaning up financial information. In many cases, a poorly structured COA can affect the performance of accounting or budgeting systems.
The complexity of COAs and the continually shifting financial reporting landscape often make these inefficiencies feel routine. With limited resources, addressing COA issues is frequently postponed until a new ERP or system change forces the discussion.
This 60-minute session will highlight the cost implications a poorly designed (or broken) COA has on municipalities, as well as how to move forward with correcting it.
What You'll Learn
Understanding the role of the COA and its organizational impacts
How to quantify both direct and indirect costs of…