A chart of accounts (COA) is an important tool used by non-profit organizations to provide a systematic and organized set of categories for financial management. It consists of a list of all accounts necessary for recording and reporting the revenues, expenses, gains, and losses of an organization. The COA acts as a roadmap for tracking the financial activities of a non-profit, allowing it to accurately measure, compare, and analyze the performance of its operations. By closely monitoring its COA, a non-profit can ensure proper stewardship of its finances, maintain compliance with regulations, create accurate budgeting and forecasting, and more.