Accountant Job Description

<&sol;p>&NewLine;<p>&NewLine;An accountant&&num;8217&semi;s job entails working to ensure that business firms and individuals are keeping good records and paying taxes properly and on time&period; Though the accountant job description for some accounting positions may be simple&comma; other accountant job descriptions are not quite as clear because of the number of duties that are required&period;<&sol;p>&NewLine;<div class&equals;"mh-content-ad"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js&quest;client&equals;ca-pub-9162800720558968"&NewLine; crossorigin&equals;"anonymous"><&sol;script>&NewLine;<ins class&equals;"adsbygoogle"&NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;"&NewLine; data-ad-layout&equals;"in-article"&NewLine; data-ad-format&equals;"fluid"&NewLine; data-ad-client&equals;"ca-pub-9162800720558968"&NewLine; data-ad-slot&equals;"1081854981"><&sol;ins>&NewLine;<script>&NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;<&sol;script><&sol;div>&NewLine;<p>&NewLine;In general&comma; an accountant performs vital functions to businesses&comma; as well as individuals&comma; of all types by offering a very wide array of business and accounting services&comma; including public&comma; management and government accounting&comma; as well as internal auditing&period; These four major fields of accounting&comma; and in addition to having a minimum of a bachelor&&num;8217&semi;s degree&comma; each has a separate accountant job description&period;<&sol;p>&NewLine;<p>&NewLine;1&period; Public Accountant<&sol;p>&NewLine;<p>&NewLine;A public accountant job description can be summed up in what most people envision as &&num;8220&semi;typical&&num;8221&semi; accountant&&num;8217&semi;s work&period; It involves performing a broad range of accounting&comma; auditing&comma; tax&comma; and consulting activities for their clients&comma; which may be corporations&comma; governments&comma; nonprofit organizations&comma; and individuals&period; Specialties in public accounting are often chosen&period; For example&comma; a public accountant may choose to concentrate on tax matters&comma; such as advising companies about the tax advantages and disadvantages of certain business decisions and preparing individual income tax returns&period; Other public accountants may choose areas such as compensation or employee health care benefits&comma; or may design accounting and data processing systems&period; Still other public accountants may choose to specialize in auditing <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;tag&sol;financial-fraud&sol;amp&sol;" title&equals;"financial" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"736">financial<&sol;a> statements and inform investors and authorities that statements have been correctly prepared and reported&period; Public accounts are usually Certified Public Accountants &lpar;CPAs&rpar;&comma; and generally own their own businesses or work for public accounting firms&period;<&sol;p>&NewLine;<p>&NewLine;2&period; Management Accountant<&sol;p>&NewLine;<p>&NewLine;Another accountant job description is that of a management accountant&period; Also called a cost&comma; managerial&comma; industrial&comma; corporate&comma; or private account&comma; management accountants record and analyze the financial information of the companies for which they work&period; The management accountant job description includes a detailed listing of responsibilities&comma; such as budgeting&comma; performance evaluation&comma; cost management&comma; and asset management&period; Management accountants are often a part of executive teams involved in strategic planning or the development of new products&comma; where they analyze and interpret financial information that corporate executives need in order to make sound business decisions&period; They also prepare financial reports for other groups&comma; including stock holders&comma; creditors&comma; regulatory agencies&comma; and tax authorities&period; Management accountants are usually a part of an accounting department&comma; employed a large company&comma; and may work in many areas that may include financial analysis&comma; planning&comma; budgeting&comma; and cost accounting&period;<&sol;p>&NewLine;<p>&NewLine;3&period; Government Accountant<&sol;p>&NewLine;<p>&NewLine;A government accountant works in the public sector&comma; maintaining and examining the records of government agencies and auditing private businesses and individuals whose activities are subject to government regulation and&sol;or taxation&period; This accountant job description&comma; while detailed&comma; is much more specialized&period; Government accountants are employed by Federal&comma; State&comma; or local governments&comma; and work to guarantee that revenues are received and expenditures are made in accordance with laws and regulations&period; Those employed by the Federal government may work as Internal Revenue Services agents or in financial management&comma; financial institution examination&comma; or budget analysis and administration&period;<&sol;p>&NewLine;<p>&NewLine;4&period; Internal Auditor Accountant<&sol;p>&NewLine;<p>&NewLine;The accountant job description of an internal auditor can basically be summarized by the job title&period; Internal auditors verify the accuracy of their organization&&num;8217&semi;s internal records&comma; and check for mismanagement&comma; waste&comma; or fraud&period; It is an increasingly important area of accounting&comma; because internal auditors examine and evaluate their firms&&num;8217&semi; financial and information systems&comma; management procedures&comma; and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste&period; They also review company operations&comma; evaluating their efficiency&comma; effectiveness&comma; and compliance with corporate policies and procedures&comma; laws&comma; and government regulations&period; The accountant job description of an internal auditor can vary with different companies&comma; and may include job duties such as electronic data processing&comma; environmental auditing&comma; engineering&comma; legal auditing&comma; insurance reviews&comma; banking&comma; and health care auditing&period;<&sol;p>&NewLine;<p>&NewLine;Accountants in all four areas can work for a company&comma; or can be employed by an accounting firm&comma; which would in turn be hired by a company for consulting&period; An accountant can also be self-employed&comma; and provide accounting services to individuals&comma; businesses&comma; or both&period;<&sol;p>&NewLine;<p>&NewLine;Most accounting jobs include an accountant job description that requires a bachelor&&num;8217&semi;s degree&comma; at minimum&comma; in accounting or a related field&comma; and some accountant job descriptions might include the requirement of a master&&num;8217&semi;s degree or Certified Public Account &lpar;CPA&rpar; certification&comma; obtained through a four-part&comma; Uniform CPA Explanation prepared by the American Institute of Certified Public Accountants &lpar;AICPA&rpar;&period; While the two-day CPA examination is rigorous&comma; and only about 25 percent of those taking the exam pass every part they attempt&comma; CPA certification can greatly assist in the rate of pay received&comma; and in most states&comma; the examination can be taken in two parts&comma; which may assist in preparing for and passing the exam&period;<&sol;p>&NewLine;<p>&NewLine;According to the United States Department of Labor&comma; employment of accountants and auditors is expected to grow at a faster than average rate&comma; for all accounting occupations from all accountant job descriptions mentioned&comma; through the year 2014&period; This is due to an increase in the number of businesses nationwide&comma; changing financial laws and regulations&comma; and increased scrutiny of company finances&period; In addition to these reasons for new accounting jobs opening up&comma; there will also be a need to replace accountants and auditors who will retire or transfer to other occupations&period;<&sol;p>&NewLine;<p>&NewLine;The field is also becoming more specialized due to technology and new&comma; accurate accounting and auditing software experience becoming a crucial addition to an accountant job description&period; An accountant job description may include&comma; in addition to educational and technological requirements&comma; strong interpersonal and communication skills&comma; simply due to the fact that most accountants work on teams with others from different backgrounds&comma; and will need the ability to communicate accounting and financial information clearly and concisely&period;<&sol;p>&NewLine;<p>&NewLine;Regardless of one&&num;8217&semi;s qualifications&comma; competition in the accounting field will remain strong for the most prestigious jobs&comma; as well as for obtaining clients for those accountants that are self-employed&period;<&sol;p>&NewLine;<&sol;p>&NewLine;<p>&NewLine;Rebecca Game is the founder of Digital Women ®&comma; Digital-Women&period;com&comma; an online community for women in business&period; She is a 30 year entrepreneur and dedicated to helping other women find business loans and business grants&period; Visit her site&colon; Business Grants and Loans for Women<&sol;p>&NewLine;