Is It Time to Refine Your Chart of Accounts and Data Dictionary?
Companies which have a companywide single Chart of Accounts (COA) and utilize a data dictionary are better positioned for success. A companywide single COA is key to consistent reporting across an organization, which results in time savings and better decision-making. A clearly defined data dictionary supports more accurate and consistent reporting and it facilitates a smooth transition for an acquired company to adapt to the parent company’s COA.
Download The Hackett Group’s thought leadership paper and you will learn:
- 3 practical steps for creating a sound COA
- What is a data dictionary and a real-life example
- Guide on creating a data dictionary
- Best practices in maintaining a data dictionary