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Job Description for Accountant
Accountants help to ensure that firms are run more efficiently, its public records kept
more accurately, and its taxes paid properly and on time. They perform these vital functions by
offering an increasingly wide array of business and accounting services to their clients. These
services include public and government accounting, as well as internal auditing.
Analyzes operations to project future revenues and expenses.
Develops, maintains, and analyzes budgets, and prepares periodic reports.
Analyzes records of financial transactions to determine accuracy of entries.
Prepares balance sheet, profit and loss statement, and other financial reports.
Reports finances of establishment to management, and advises about resource utilization, tax strategies, and assumptions underlying budget forecasts.
Develops and documents budgeting and other accounting systems.
Predicts revenues and expenditures, and submits reports to management.
Computes taxes owed, ensures compliance with tax requirements, and represents establishment before taxing authority.
Surveys establishment operations to
ascertain accounting needs.
Establishes table of accounts, and
assigns entries to proper accounts.
Audits contracts, and prepares reports to
Prepares forms and manuals for workers performing accounting and bookkeeping tasks.
Appraises, evaluates, and inventories real property and equipment, and records information.
Adapts accounting and record keeping
functions to current technology of
Directs activities of workers performing accounting and bookkeeping tasks.
Management of Financial Resources
Judgment and Decision Making
Identifying Downstream Consequences
Accountants are broadening the services they offer to include budget analysis, financial and investment planning,
information technology consulting, and limited legal services.
Beyond the fundamental tasks of
the occupation—preparing, analyzing, and verifying financial documents in order to provide
information to clients—many accountants now are required to possess a wide range of knowledge
Public accountants, many of whom are Certified Public Accountants (CPAs), generally
have their own businesses or work for public accounting firms. Government accountants and
auditors maintain and examine the records of government agencies and audit private businesses
and individuals whose activities are subject to government regulations or taxation. Accountants
employed by Federal, State, and local governments guarantee that revenues are received and
expenditures are made in accordance with laws and regulations. Internal auditors verify the
accuracy of their organization’s records and check for mismanagement, waste, or fraud