Chart of Accounts Definition

Below please find a definition of “Chart of Accounts”

Financial Analysis Training & Glossary TermsChart of Accounts: Very simply put, a company’s ledger comprises of a list of all account names and numbers and that list is termed as a chart of accounts. A chart of accounts is primarily used for organizing the finances of a business and the lists are either alphabetic or numerical or alpha-numeric.

Free MP3 Download:  To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.

Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on http://BusinessTraining.com

Expand Your Financial Vocabulary: Read more finance terms and definitions

Tags:  Chart of accounts definition, Define chart of accounts, Chart of accounts examples, What is chart of accounts?, Finance chart of accounts

About Richard Wilson