Tuesday, June 30, 2020
How to become an Accountant
How to become an Accountant An Accountantâs main role is to prepare a businessâ accounts, which can then be used to give an overview of their financial status. By tracking all of a companyâs financial transactions, any irregularities or risks can be reported, and the business can plan better moving forward.Although specific responsibilities vary from industry to industry, the role of an Accountant will usually include the following:Tracking and examining company income and expenditureRunning payroll, and conducting auditsIdentifying and investigating financial risks or irregularities (including losses or suspected fraud)Giving advice on budgeting and making recommendations on how to increase profitCalculating tax owed and filing tax returnsIs it right for me?The success of an Accountant is heavily dependent on their numerical ability. You will need to have a passion for mathematics, and a close attention to detail. You will also be able to work well under pressure, especially when approaching financial de adlines.Other key skills and attributes include:Excellent analytical skillsFinancial acumenGood organisational skillsA natural flair for problem-solvingAn excellent understanding of accounting principlesCareer Progression? AccountantUp to 35,000 Finance ManagerUp to 50,000 Finance DirectorUp to 100,000What's it really like? I always excelled at Maths at school, so I knew that I wanted to go into a career that was numbers-based. The best thing about being an Accountant is the respect the position comes with. Your decisions and recommendations are extremely important to the business, and I feel like my job is a vital part of the process. Get qualifiedYou wont need a degree to become an Accountant, although an AAT qualification may be considered essential by most employers. The Sage 50 / QuickBooks / Excel / Xero Training will get you to grips with all you need to know and is perfect for anyone without any experience in the industry. The AAT Level 2 and AAT Level 3 with Work Expe rience will help you become a Finance Assistant, Accounts Assistant,.
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