Chartered Accountant

Accounting, Banking & Financial Services

ANZSCO ID 221112

Summary

Management Accountants provide services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations.

Employment Pathway

Qualified and registered Accountants can specialise as Management Accountants by completing a Certificate of Business Accounting through the Charted Institute of Management Accountants.

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

Top Skills Required

Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
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 presentation to 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 organisations' income and expenditure.
Provides assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements.

Facts about this occupation

9.2% Growth

88% Full-time Share

$1,756 Avg Pay/Wk

5,200 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.