Accountant

Accounting, Banking & Financial Services

ANZSCO ID 221111

Summary

Accountants (General) provide services relating to compliance-based financial reporting, auditing, insolvency and accounting information systems, and advise on associated record-keeping requirements.

Employment Pathway

The minimum qualification needed to work as an Accountant is a diploma of accounting. However, the majority of Accountants (General) have a bachelor degree in accounting or a related field majoring in accounting.

Registration with one of Australia's three peak accounting bodies is required.

Top Skills Required

Mathematics - Using mathematics to solve problems
Reading Comprehension - Understanding the meaning of written sentences and paragraphs
Speaking - Talking to others to convey information effectively
Writing - Communicating clearly with others through written word
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one

Key tasks

Assists in formulating budgetary and accounting policies.
Prepares financial statements for boards of directors, management, shareholders, and governing and statutory bodies.
Conducts financial investigations, prepares reports, undertaking audits and advises on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation.
Examines operating costs and income and expenditure.
Provides assurance about the accuracy of information contained in financial reports and compliance with statutory requirements.
Provides financial and taxation advice on business structures, plans and operations.
Prepares tax returns.
Manages funds.
Introduces and maintains accounting systems, and advises on the selection and application of computer-based accounting systems.
Maintains internal control systems.
May appraise cash flow and financial risk of capital investment projects.

Facts about this occupation

9.2% Growth

80% Full-time Share

$1,756 Avg Pay/Wk

130,100 Workers

38 years Avg Age

Your personality match

Take our 4-min Career Quiz to see if this industry is a good match for you.

Start

Required Skills

Take our 4-min Career Quiz to see if this occupation is a good match for you.