Australian and New Zealand Standard Classification of Occupations 1.3

ACCOUNTANTS provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance and performance requirements to ensure statutory and strategic governance.

Indicative Skill Level:

In Australia and New Zealand:
Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Tasks Include:

assisting in formulating budgetary and accounting policies;
preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies;
conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation;
examining operating costs and organisations' income and expenditure;
providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements;
providing financial and taxation advice on business structures, plans and operations;
preparing taxation returns for individuals and organisations;
liaising with financial institutions and brokers to establish funds management arrangements;
introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems;
maintaining internal control systems;
may appraise cash flow and financial risk of capital investment projects.

Occupations:

221111 Accountant (General)
221112 Management Accountant
221113 Taxation Accountant