Uniform Chart of Accounts

The chart of accounts is the foundation of any accounting system and is essential not only to financial and programmatic management, but also to budget structure and accurate financial reporting. In Georgia, local governments are required to adopt and use the Uniform Chart of Accounts (UCOA) in their accounting records, audited financial statements, and reports to state agencies (O.C.G.A. § 36-81-3). The primary goal in establishing the UCOA is to improve government accountability by making...