Accountant In Charge
Barron's Accounting Dictionary:
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Accountant In Charge
Professional responsible for the field engagement associated with an audit. Duties include the general supervision of the engagement, distributing the workload to assistants, reviewing audit findings, and drafting required field reports.
| Accountant, Accountancy, Accountability | |
| Accountant's Liability, Accountant's Responsibility, Accountants For The Public Interest (API) |
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Accountant In Charge
Investopedia Financial Dictionary:
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Accountant In Charge
The person responsible for personnel and assigning the tasks involved in an audit. The accountant in charge maintains workflow by assigning tasks to accounting and clerical staff, monitors an audit's progress, recommends controls and process adjustments, enforces standards, and follows legal guidelines. The accountant is typically a CPA.
Investopedia Says:
In accounting consultancy firms, the accountant in charge is the point person that maintains the relationship with the client. He or she is often tasked with bringing in new business and upholding the firm's reputation by maintaining strict confidentiality with existing clients.
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Barron's Accounting Dictionary
Dictionary of Accounting Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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