Tag Archives: Chart of Accounts

THE POWER OF A DETAILED CHART OF ACCOUNTS

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By Erik Luoma, CPA

It is important to properly set up a chart of accounts. A great resource for any association looking to beef up their chart of accounts is the ASAE Standard Chart of Accounts for Associations (www.asae.org). I highly recommend everyone download and read the entire document as it is only a few pages long and will discuss many of these concepts in much greater detail. Continue reading THE POWER OF A DETAILED CHART OF ACCOUNTS