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Accountants and Auditors

  • Finance

Tasks

What tasks do Accountants and Auditors perform?

  • Prepare detailed reports on audit findings.

  • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.

  • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.

  • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.


Knowledge

What do Accountants and Auditors need to know?

  • Economics and Accounting

    Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

  • English Language

    Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

  • Mathematics

    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.


Skills

What skills do Accountants and Auditors need?

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Critical Thinking

    Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.



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Data on career profiles are based on information supplied by the O*NET Program, sponsored by U.S. Department of Labor, Employment, and Training Administration.