The Accounting Chart Of Accounts List (COA) is an organized record of a business’s financial transactions. It consists of all the accounts used to record and report a company’s financial transactions as well as their balances. Each account contains information related to assets, liabilities, equity, revenue, expenses, and more. A COA essentially provides a roadmap to understanding how a business has been performing financially over time. It’s a valuable tool for business owners, managers, and accountants who need to track and evaluate the flow of funds throughout their company. With the right COA, you can easily understand your current qualifications and take steps towards improving them.