Accountants (ANZSCO 2211) provide a range of services related to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning, and decision-making. They offer advice on compliance and performance requirements to ensure statutory and strategic governance for organizations and individuals.

Indicative Skill Level:

In Australia and New Zealand, most occupations within the Accountants unit group require a bachelor's degree or higher qualification. In some cases, relevant experience and/or on-the-job training may be necessary in addition to formal education (ANZSCO Skill Level 1). Registration or licensing may also 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 business purchases and sales, mergers, capital financing, suspected fraud, insolvency, and taxation
• Examining operating costs, income, and expenditure of organizations
• Providing assurance regarding the accuracy of financial reports and their compliance with statutory requirements
• Offering financial and taxation advice on business structures, plans, and operations
• Preparing taxation returns for individuals and organizations
• 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
• Appraising cash flow and financial risk of capital investment projects

Occupations:

• 221111 Accountant (General)
• 221112 Management Accountant
• 221113 Taxation Accountant

221111 Accountant (General)

Accountants in this occupation provide services related to compliance-based financial reporting, auditing, insolvency, and accounting information systems. They also advise on associated record-keeping requirements. Certain services, such as auditing, may require registration or licensing.

Skill Level: 1

Specializations:

• Financial Analyst
• Insolvency Consultant
• Insolvency Practitioner

221112 Management Accountant

Alternative Title: Cost Accountant

Management Accountants offer services related to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting, and the strategic governance of organizations. They provide advice on financial planning, risk management, carbon sequestration projects, carbon pricing, and management reports to assist in decision-making. They may also provide insights into cost performance and support the implementation of benchmarking and quality improvement initiatives. Registration or licensing may be required.

Skill Level: 1

Specializations:

• Carbon Accountant
• Commercial Accountant
• Product Accountant

221113 Taxation Accountant

Alternative Titles: Taxation Agent, Taxation Consultant

Taxation Accountants analyze, report, and provide advice on taxation issues to organizations or individuals. They prepare taxation returns and reports and handle disputes with taxation authorities. Registration or licensing may be required.

Skill Level: 1