accounting analyst

Accounting analysts evaluate the financial statements of clients, usually companies, which include the income sheet, the balance sheet, the statement of cash flows and additional notes to other financial statements. They interpret and implement new accounting systems and accounting procedures and will analyse and determine if the proposed systems conform to accounting regulations and meet user information requirements.

Alternative Labels

accounting analyst

accounting methods analyst

accounting specialist

accounting systems analyst

accounts analyst

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

analyse business processes analyse financial performance of a company analyse financial risk check accounting records create a financial report draft accounting procedures explain accounting records interpret financial statements monitor financial accounts supervise accounting operations

Essential Knowledge

accounting department processes accounting entries accounting techniques financial department processes financial statements international financial reporting standards national generally accepted accounting principles

Optional Skills and Competences

advise on financial matters ensure compliance with accounting conventions ensure compliance with disclosure criteria of accounting information evaluate budgets follow the statutory obligations forecast account metrics identify if a company is a going concern liaise with shareholders make strategic business decisions manage accounts perform forensic accounting perform stock valuation prepare financial statements provide cost benefit analysis reports review investment portfolios

Optional Knowledge

global standards for sustainability reporting investment analysis liquidity management public offering stock market

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/caafca69-9faa-4850-8930-a3fa07fea4e6

Status

released

Occupations