A Chief Accounting Officer (CAO) is a senior executive responsible for overseeing an organization's accounting functions. This role includes managing financial reporting, ensuring compliance with regulations, and maintaining accurate financial records. The CAO plays a crucial part in strategic planning by providing insights based on financial data.
In addition to managing the accounting team, the CAO collaborates with other executives, such as the Chief Financial Officer (CFO), to align financial strategies with business goals. The CAO also ensures that the organization adheres to accounting standards and practices, which is essential for maintaining investor confidence and regulatory compliance.