Accountant role and responsibilities

So, what do accountants do? To sum it all up, they provide financial information to management about the organization. How do they do that? It starts by having an understanding of both accounting theory and practice.Then, they must be able to apply accounting principles and handle work that is analytical, evaluative, and advisory in nature. Most accountants also:

  • Ready and maintain financial and business transactions
  • Utilize knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, which often entails some understanding of such related fields as business law, statistics, and general management
  • Analyze the effects of transactions upon account relationships
  • Evaluate alternative means of treating transactions
  • Plan the manner in which account structures should be developed or modified
  • Ensure the adequacy of the accounting system as the basis for reporting to management
  • Consider the need for new or changed controls
  • Project accounting data to show the effects of proposed plans on capital investments, income, cash position, and overall financial condition
  • Interpret the meaning of accounting records, reports, and statements
  • Advise operating officials on accounting matters
  • Typically report to a supervisor or manager

Accountant Skill Set

  • Attention to detail
  • Understanding of basic accounting principles and SFAS rules
  • Analytical and problem-solving skills
  • Self-motivated and collaborative
  • Understanding of accounting software and programs


Depending on the job you want, you may need:

  • 0-2 years of experience in the field or in a related field
  • Bachelor’s Degree in Accounting or a related field
  • Certified Public Accountant
  • Master’s Degree in Accounting or Business Administration

Prepare for these 5 accountant interview questions

It's important to be prepared for your interview. Remember to give truthful answers, not necessarily just the answer you think the interviewer wants to hear.

  1. Why do you want to be an accountant?
  2. Are you familiar with accounting standards?
  3. Could you describe your experience in accounting?
  4. How do you keep track of accounting trends?
  5. How familiar are you with accounting software?

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Similar positions

  • Bookkeeper
  • Accounting Clerk
  • Senior Accountant
  • Assistant Controller

Career Advancement

Depending on the path, accountants can become:

  • Senior Accountant
  • Controller
  • Partner
  • Chief Financial Officer

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