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. An accountant in charge has the following responsibilities:

Assign tasks to the audit staff
Monitor the progress of the audit work
Adjust workloads to complete the audit on time
Review the findings of the team and its working papers
Act as the main interface between the client and the audit team on a day-to-day basis
Identify and mitigate potential risks associated with the engagement

Ultimately, the accountant in charge is responsible for the outcome of an audit.