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The Petroleum Accountants Society of Canada provides the oil and gas industry with standards and information in oil and gas accounting. The membership is very active in the development of new procedures and education.

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The chart of accounts — AccountingTools. The chart of accounts is a listing of all accounts used in the general ledger of an organization. The chart is used by the accounting software to aggregate information into an entity's financial statements.The chart is usually sorted in order by account number, to ease the task of locating specific accounts.

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Welcome to the Chart of Accounts topic. 3-1-2 In this session, we will explore how to set up a chart of accounts adapted to the company type. We will discuss the chart of accounts structure and the effect of standard processes on the Chart of Accounts. We will look at how you manage the chart of accounts.

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