§ OCCUPATION · GLOBAL STANDARDS

accounting analyst

Description

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.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

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

OPTIONALAdjacent knowledge that strengthens fit

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

Practical Skills

ESSENTIALApplied skills & competences

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

OPTIONALOptional competences

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

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)