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MemberLearn Online Courses

Chart of Accounts

Primary audienceChart of Accounts. Part of our City Finance Basics series of MemberLearn courses.

City clerks, city staff 

Course time

15 minutes

This mini course provides a clear introduction to how cities record financial transactions. The course gives an overview of using a chart of accounts by explaining their core components and showing how they ensure consistent, accurate financial reporting across Minnesota cities.

This course is part of the LMC City Finance Basics toolkit. Check out other courses in the collection such as, the Fund Accounting course!

By the end of this course, you will be able to do the following:

  • Describe what a chart of accounts is and its purpose in city financial reporting
  • Explain how a chart of accounts supports clear and consistent financial reporting across cities
  • Recognize how transactions are organized using the fund, account, and object code structure.

Access this course

Subject Matter Expert

Lisa Sova, assistant finance director – League of Minnesota Cities

Features

Interactives, video, knowledge check, and downloadable resources  — learn more about MemberLearn.

Cost

This free course is only available to League of Minnesota Cities members and is included as part of your city’s LMC membership.

 

Your LMC Resource

Jamie Oxley

Learning Coordinator

(651) 281-1250 or (800) 925-1122

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