Accountant in charge definition

What is an Accountant in Charge?

An accountant in charge is the manager of an audit. An audit is the examination of an entity's accounting records, as well as the physical inspection of its assets. This person is responsible for assigning tasks to the audit staff, monitoring the progress of the work, and adjusting workloads to complete the audit on time. This person reviews the findings of the team and its working papers. The accountant in charge is also the main interface between the client and the audit team on a day-to-day basis. Ultimately, this person is responsible for the outcome of an audit. A common requirement is for the accountant in charge to be a certified public accountant.

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