Accountants and Auditors

Average Base Salary:

JOB OPENINGS:

124200

Occupation Overview - Accountants and Auditors

Examine analyze and interpret accounting records to prepare financial statements give advice or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Training Courses for the Accountants and Auditors Job Role

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What does a Accountants and Auditors do?

Core Task Examples:

Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Confer with company officials about financial and regulatory matters.
Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
Establish tables of accounts and assign entries to proper accounts.
Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
Examine inventory to verify journal and ledger entries.
Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
Prepare adjusting journal entries.
Prepare detailed reports on audit findings.
Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Report to management regarding the finances of establishment.
Review accounts for discrepancies and reconcile differences.
Supervise auditing of establishments, and determine scope of investigation required.