Decentralized Autonomous Organizations (DAOs) are a new type of organizational structure enabled by blockchain technology, characterized by decentralized control and governance, and boasting a combined treasury of approximately $10 billion. However, the accounting of DAOs is fragmented and lacks uniformity, hindering transparency and trust. Without a standardized system of accounts, stakeholders struggle to understand financial activities and compare performance across different DAOs. A globally shared Chart of Accounts could bring uniformity and enable comparable and consistent measurement across all transaction labels, enhancing transparency and accountability. Additionally, a standardized reporting framework for DAO financials could replace governmental databases with a decentralized ledger and allow for automatic generation of financial reports.