What is an Accountant?
An Accountant provides financial information to management about the organization, which requires an understanding of both accounting theory and practice. Then, they must be able to apply accounting principles and handle work that is analytical, evaluative, and advisory in nature. An Accountant typically reports to a supervisor or manager.
Depending on the career path they choose, becoming an Accountant can be a stepping stone to Senior Accountant, Controller, Partner or Chief Financial Officer.Education Requirements
Depending on the job you want, you may need:
- 0-2 years of experience in the field or a related field
- Bachelor’s Degree in Accounting or a related field
- Certified Public Accountant license
- Master’s Degree in Accounting or Business Administration
Accountant Essential Skills
- Attention to detail
- Understanding of basic accounting principles and SFAS rules
- Analytical and problem-solving skills
- Self-motivated and collaborative
- Knowledge of accounting software and programs
Accountant Roles & Responsibilities
- Ready and maintain financial and business transactions
- Analyze the effects of transactions upon account relationships
- Plan the manner in which account structures should be developed or modified
- Consider the need for new or changed controls
- Ensure the adequacy of the accounting system as the basis for reporting to management
Day-to-Day Duties
- Interpret the meaning of accounting records, reports, and statements
- Evaluate alternative means of treating transactions
- Advise operating officials on accounting matters
- Project accounting data to show the effects of proposed plans on capital investments, income, cash position, and overall financial condition
- Utilize knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, which often entails some understanding of such related fields as business law, statistics, and general management