The Chart of Accounts: Your Architecture Firm’s Path to Financial Control

Earn 1 AIA LU.

The chart of accounts is the bedrock of financial insight for your AE firm. In this course, Douglas Teiger, FAIA, demystifies some often-confusing, essential accounting terms and equips you with the power to wield them effectively. Discover the art of creating a customized chart of accounts, tailored to the unique needs of your AE firm, and dive deep into its organizational prowess, understanding how it can illuminate the flow of money within your practice. Join Douglas as he takes you beyond the numbers! Learn how your chart of accounts becomes the cornerstone of budgeting, empowering you to set ambitious goals and navigate the financial terrain of the upcoming quarters with precision.

Learning Objectives

• Summarize basic accounting terms and use them with confidence
• Craft a dynamic and efficient Chart of Accounts structure
• Unleash the potential of your Chart of Accounts in organizing and optimizing your firms finances
• Harness the transformative power of your Chart of Accounts to create a comprehensive yearly budget that fuels your firm’s growth

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  Douglas Teiger, FAIA

  Founder

  Teiger Consulting

  Douglas Teiger, FAIA

  

  Douglas Teiger, FAIA, graduated from Cornell University, in 1982 with a BARCH. He opened his own firm in 1989 and grew from a solo practitioner to become managing partner of his 32- person firm. In 2009, Douglas received a Master’s in Spiritual Psychology from USM, where he learned tools and skills he is sharing with his staff and clients. His ability to effectively streamline the operations allowed for more time to be spent on design and project research while creating a culture that fosters a holistic approach to a work life balance. In 2017 he became president of the AIA Los Angeles Chapter and is currently serving on the AIA National Strategic Council. In 2019 Douglas transitioned out of his firm elevating three associates to partners, sold his shares and started his next venture, Teiger Consulting. Douglas’s mission is to “live an inspiring balanced life” whether it involves family, coaching, consulting, painting, or sports.