What is an Accounting Manual?

An accounting manual is an internally-developed handbook that contains the policies and procedures to be followed by an accounting staff. In addition, the manual may contain sample forms, a chart of accounts, and job descriptions. The manual can be used as a training guide for new employees and for anyone cross-training on new functions, as well as a refresher for existing employees. As such, it is a good way to ensure that accounting transactions are completed consistently across the organization.

An accounting manual may also include the annual budgeting forms to be filled out by department managers, which are then forwarded to the accounting department for inclusion in the annual budget. The manual may also provide a schedule for when budget information is to be completed and reviewed.