Accountants analyse, report and give advice about the financial dealings of organisations and individuals, and advise on associated record-keeping and compliance requirements.
Duties & Tasks
Accountants may perform the following tasks:assist with the formulation of budgetary and accounting policies
prepare financial statements for presentation to boards of directors, management, shareholders and statutory bodies
conduct financial investigations, undertake audits, prepare reports and advise on such matters as the purchase and sale of businesses, mergers, financing, suspected fraud, insolvency and taxation
examine the income and expenditure of institutions
provide assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
provide financial and taxation advice about business structures, plans and operations
liaise with bankers and brokers to establish funds management arrangements
advise on the selection and application of computer-based accounting systems
appraise cash flow and financial risk of investment projects.
Accountants may work on their own or with other accountants. Accountants in private practice have a high level of public contact. Some positions involve travel, which is often interstate or overseas.
good communication skills
good presentation skills
able to build rapport with clients
able to analyse and solve problems
good organisational skills
discretion when dealing with confidential information
professional and ethical
able to work as part of a team.