There are various types of accountants, depending on their area of specialization. By using their skills in math, accounting, law, and finance, they analyze profits and losses. Accountants would have to process all fiscal data, identify problem areas, and list the same out along with the report to the management. The salary is largely depends upon the size of the company, duties, responsibilities, and experience.of an accountant. An accountant has a responsibility to his clients, his company's managers, investors, and creditors, as well as to outside regulatory bodies. They make sure that records are accurate and that taxes are paid properly and on time. Duties include analyzing data, finance reports, budgets, tax returns, and accounting … CPA VS Accountant. They tend to be conventional individuals, which means they’re conscientious and conservative. Job description and duties for Accountant. While this strikingly low happiness metric among accountants may not be simple to categorically explain, some aspects of the work do paint a picture of long hours and high pressure, brought on by the exhaustive and potentially overwhelming responsibility of preparing and examining other people’s and corporations’ financial records. An auditor, on the other hand, is responsible for reviewing the work of the accountant on a quarterly or annual basis, and is often hired from an outside firm to do so. Forensic Accounting - Summarize current financial situation by analyzing correctly current liabilities, preparing a profit and loss statement and indicating corrective actions that need to be taken. This type of accounting provides estimates of a country's annual purchasing power. Making financial reports that can help higher management in taking decisions. Accountants rank among the least happy careers. If you take all that into consideration, then the answer to the question - Is it worth it to study accounting? Some forensic accountants may just specialize in insurance claims, personal injury claims, fraud, construction, or royalty audits. Accounting as a career can be quite interesting if you like analytical work. Naturally, the organization would want to ensure that they have the best candidates applying for the post and to choose the best one amongst them. The American Institute of Certified Public Accountants (AICPA) defines accounting as: "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least of financial character, and interpreting the results thereof". An accountant is essential to all companies to gather fiscal information, to review and analyze the same and to prepare reports based on it. Moreover, accountants can help save valuable time and money by streamlining various business processes and even ensure that all the taxes are filed on time. This would be accounting that is limited to only a single firm, where an accountant receives a salary on an employer-employee basis. In fact, one can even claim that they form an integral part of the organization itself. Accountant Job Description An Accountant is an individual who performs tasks related to accounting. In the end, employers will value the skills and training you have, and this will give them confidence that you will deliver what's required in the workplace. In summary, an accountant will create the financial statements for the company, and the auditor will look the financial statements over to make sure they are accurate. Here are some of the duties that an accountant may have: Public Accounting - The equivalent to a chartered accountant designation in the United States is the certified public accountant. An accountant is also known as a chartered accountant, an actuary, a forensic accountant and more where the title itself indicates their area of specialization and the roles that they are expected to perform. This is a Accountant job description sample (template) that includes roles and responsibilities, duties, skills and proficiency requirements, education and experience requirements, and salary information of an Accountant. An accountant is a professional who is responsible for keeping and interpreting financial records. Public accountants give advice … Attend various workshops, with the view of improving performance and contributes to team effort. Take our career test and find your top matches from over 800 careers. 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