221111 ACCOUNTANT (GENERAL)
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.
Skill Level: 1
Specialisations:
Financial Analyst
Insolvency Consultant
Insolvency Practitioner
See caveats.
2211 Accountants
2211 ACCOUNTANTS
ACCOUNTANTS provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance and performance requirements to ensure statutory and strategic governance.
Indicative Skill Level:
In Australia and New Zealand:
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).
Registration or licensing may be required.
Tasks Include:
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