An Accountant’s area of ​​responsibility


Accountant‘s area of ​​responsibility
It is no secret that the position of chief accountant is one of the key figures in the organization. However, the immediate tasks solved by an accountant in the actual operating conditions of an organization may be different. In some organizations, an accountant is required to correctly compile primary documents, maintain accounting records, compile and submit reports in a timely manner.

In other cases, strategic financial decisions cannot be made without the consent of the accountant.

In any case, the head of each organization understands that one cannot do without an accountant, although his work is often clearly not visible and does not bring “real income”.

responsible for the formation of accounting policies, accounting, timely submission of complete and accurate financial statements;
ensures compliance of ongoing business operations with the legislation of the Russian Federation, control over the movement of property and fulfillment of obligations.
However, this is only a legal norm. In practice, the range of problems solved by an accountant is much wider. And the degree of responsibility is higher than that determined by law, since the consequences of an erroneous accountant’s actions can be so negative and disastrous for an organization that they can lead to bankruptcy. After all, it is often important not only to earn money, but also to avoid unexpected expenses.

What else can an accountant
We will try to answer the question, what may depend on the accountant? Here are just a few examples:

the accuracy of the accounting of funds and the accuracy of the formation of the reporting organization;
the possibility and accuracy of assessing the financial and economic activities of the organization;
preparation of recommendations for building a system of most efficient financial management;
analysis of items of income and expenses in order to identify the most “weak positions”;
the amount of taxes and penalties assessed according to the results of inspections;
tax optimization;
presenting in an accessible form and the shortest possible time the necessary information on the state of affairs in the organization.
It is possible that not all accountants consider it necessary and / or possible, taking into account the level of their knowledge and professional skills, to assess financial and business activities or develop proposals for optimizing taxation. However, in modern conditions, the activity of an accountant cannot be limited only to accounting work.

Crisis – time to test and grow professionalism

In particular, the role of an accountant increases during a crisis, since it is the accountant who has the most reliable and up-to-date information on the state of affairs in an organization, and often only an accountant can predict the scenario that is most relevant to reality. In such circumstances, the chief accountant can benefit from basic financial and economic knowledge gained in higher education (and for the time being forgotten), knowledge in the field of jurisprudence and social security.

Based on this knowledge, an accountant can:

understand and assess the economic situation in the organization and in the relevant field of activity;
to assess the financial and economic situation in the organization using a variety of techniques and taking into account various indicators;
prepare a variety of reports on the activities of the organization in times of crisis, most clearly characterizing its most problematic areas;
analyze civil contracts;
make an analysis of tax risk assessment and predict the situation;
develop proposals for a crisis management strategy;
to identify the most and less profitable objects and orders, and in some cases – to prepare proposals for the head to improve their effectiveness.