What Exactly Do Accountants Do?

Career satisfaction depends largely upon finding a job function aligned with your interests and strengths.  Identifying best-fit job functions requires first understanding what each role is all about. One of the most common roles for students studying accounting is Accountant. An accountant has one of the most essential roles in any business, whether they work in large corporations or small businesses. Accountants prepare and examine financial records, ensure all money transactions are accurate, and that taxes are paid on time. But most importantly, accountants use numbers and financial statements to paint a picture of the health of a company, organization, or individual. 

If you are interested in accounting, you should be interested in numbers (not to be confused with traditional math). If you study accountancy, you will receive a solid educational foundation in business, diving into the technical intricacies of accounting and developing other skills required in an accounting role, such as public speaking and information systems.  

Accounting itself covers a wide range of tasks and responsibilities. Here are a few typical duties that accountants may have:

  • Ensuring the accuracy of financial documents, as well as their compliance with relevant laws and regulations
  • Preparing and maintaining important financial reports 
  • Preparing tax returns and ensuring that taxes are paid properly and on time
  • Evaluating financial operations to recommend best practices, identify issues and strategize solutions, and help organizations run efficiently 
  • Offering guidance on cost reduction, revenue enhancement, and profit maximization
  • Conducting forecasting and risk analysis assessments

 To further explore these job functions, make an appointment with your career coach here  and explore the resources below. 

Job Descriptions (Written By Employees)

Job Market Insights

Vault Guides

Candid Career

Read More Here

By W. P. Carey Career Management
W. P. Carey Career Management Profile Picture