How to Monitor the Activity of the Accountant?

What kind of person at the enterprise is important in the same way as the leader? Of course, the chief accountant. All financial documents of the company pass through it, its signature is on each settlement sheet, without it there can not be any credit operations. The specificity of accounting work is that only accountants understand how to properly manage and manage money. The management of the company is forced to unquestioningly trust them in these sensitive issues.

However, trust has never been saved from financial fraud and dishonest specialists. As they say, trust, but check. Given that the accountant directly depends on the legality and legality of the company, which he serves, then his work should be closely monitored. How to avoid problems and mistakes, as a leader who does not understand anything in the accounting department, check the activity of the accountant?

Screening of unqualified specialists is best organized already at the stage of hiring. Of course, it is advisable to take acquainted and tested people. But if there are none, it's worth organizing a small competition for applicants to assess their professional qualities. Model the real situation. Need to develop an enterprise business plan? Great, give the bidders the lime information, so as not to disclose sensitive data, and give a few days to work.

When an accountant is hired, it is necessary to clearly state his rights and obligations in the contract. A person working with finances bears full administrative and criminal responsibility for any flaws and mistakes in his activities. Typically, the company employs several financial professionals , so you can organize their work in such a way that they can monitor each other and provide management with a timely report on these inspections.

Auditing services can become an additional monitoring tool. At least once in six months, hire third-party independent specialists who will not only form an objective report on the activities of the enterprise, will acquaint you with the real picture of its work, but also offer a set of useful recommendations on the strategy for its development. This is especially useful when there is only one accountant at the firm and only top management exercises control over its activities.

Remember, some errors and shortcomings can creep into the documentation of ignorance. The reporting standards often change, the professional activity of the accountant requires constant improvement. Therefore, do not skimp on sending your specialists to the refresher courses. Let them study modern IFRS accounting, learn about modern norms and trends. Then things will go better, and the number of problems will be significantly reduced.