Responsibility of senior accountant, Accounting Basics

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Q. Responsibility of Senior accountant?

As a senior accountant Tracy will be accountable for the day-to-day management of several audit engagements during the year. She will plan the audits oversee the performance of direct year-end field work and interim audit testing. She will as well perform much of the final wrap-up work, such like preparing checklists and writing the management letter and reviewing or drafting the financial statements. Throughout this process Tracy will expend a substantial amount of time instructing and supervising staff accountants.

The two most critical skills essential at the senior level are (a) the ability to organize and control an audit and (b) the ability to teach staff accountants how to audit.


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