Accountant (General)

Overview

Provides services relating to compliance-based financial reporting, auditing, insolvency and accounting information systems; and advises on associated record-keeping requirements. Registration or licensing may be required for certain services such as auditing.

Skills

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Tasks

  • assisting in formulating budgetary and accounting policies
  • preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
  • conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
  • examining operating costs and organisations' income and expenditure
  • providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
  • providing financial and taxation advice on business structures, plans and operations
  • preparing taxation returns for individuals and organisations
  • liaising with financial institutions and brokers to establish funds management arrangements
  • introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
  • maintaining internal control systems
  • may appraise cash flow and financial risk of capital investment projects

Specialisations

  • Financial Analyst
  • Insolvency Consultant
  • Insolvency Practitioner

Related Occupations

Source: 1220.0 - ANZSCO - Australian and New Zealand Standard Classification of Occupations, First Edition.
Note: The tasks associated with the occupation are to be used as guidance only. The tasks listing may include tasks associated with the grouping/category to which the occupation belongs.