What is the responsibility of the chief accountant
Chief accountant - sounds solid and honorable, but not all accountants are in a hurry to occupy this high position, because on the chief accountant lies a huge number of responsibilities and a great responsibility. The duties of the chief accountant are established by special regulatory enactments, an employment contract with a specific enterprise and job description. The list of duties largely depends on the specifics of the organization's activities, but there are duties that are unchanged for the chief accountants of any enterprise.
So one of the main duties of the chief accountant is to form an accounting policy of the organization - a document containing a set of methods of accounting at a particular enterprise. For the preparation of this document, it is necessary to know well the legislation in the field of accounting and tax accounting, as well as the peculiarities of the enterprise itself.
Develop and approve a working chart of accounts, forms of internal accounting and reporting.
The bookkeeper also organizes the work of the bookkeeper, whose duties are primarily aimed at controlling the proper execution of primary accounting documents, the formation of accounting and tax reporting. The duties of the chief accountant also include the management of accountants, control over the timely increase in their qualifications.
Form internal management reporting for the purposes of management accounting. It is on the basis of these data that the manager takes the basic managerial decisions.
Optimize the taxation of an enterprise in accordance with applicable law. This duty requires from the chief accountant an impeccable knowledge of tax legislation.
It is the chief accountant who is responsible for ensuring the timely transfer of taxes, pension contributions, deductions to off-budget funds, repayment of debts to creditors, suppliers and contractors.
In the generalization, we can say that the chief accountant is responsible for the entire accounting department: if an ordinary accountant makes a mistake, the chief accountant will be responsible for it, whose duties are not limited to a particular area of accounting, but apply to all sites.