£18,200
Average salary at age 20
£46,800
Average Salary
33
Average hours per week
Description
Jobholders in this unit group provide accounting and auditing services, advise clients on financial matters, collect and analyse financial information and perform other accounting duties required by management for the planning and control of an establishment’s income and expenditure.Main Tasks
- Plans and oversees implementation of accountancy system and policies;
- Prepares financial documents and reports for management, shareholders, statutory or other bodies;
- Audits accounts and book-keeping records;
- Prepares tax returns, advises on tax problems and contests disputed claim before tax official;
- Conducts financial investigations concerning insolvency, fraud, possible mergers, etc.;
- Evaluates financial information for management purposes;
- Liaises with management and other professionals to compile budgets and other costs;
- Prepares periodic accounts, budgetary reviews and financial forecasts;
- Conducts investigations and advises management on financial aspects of productivity, stock holding, sales, new products, etc.
Qualifications
Entrants usually possess a degree or equivalent qualification. To qualify as an accountant, entrants must undertake a period of training within an approved organisation and successfully complete professional examinations. Exemptions to some professional examinations are available to those with appropriate academic qualifications.What Chartered and certified accountants studied in higher education
Occupation | Percentage Value |
---|---|
(L7) Human & social geography | 1 |
(G1) Mathematics | 9 |
(C1) Biology | 1 |
(F1) Chemistry | 2 |
(C8) Psychology | 1 |
(F8) Physical geographical sciences | 1 |
(C7) Molecular biology, biophysics & biochemistry | 1 |
(L2) Politics | 1 |
(M1) Law by area | 1 |
(M2) Law by topic | 1 |
(V5) Philosophy | 1 |
(F3) Physics | 1 |
(L1) Economics | 12 |
(N1) Business studies | 7 |
(N4) Accounting | 32 |
(C6) Sport & exercise science | 1 |
(N2) Management studies | 5 |
(V1) History by period | 1 |
(N3) Finance | 11 |
UK Prospects
214200
Workforce Size
2.41%
Predicted growth 2024 - 2027
28029
Predicted Replacement 2024 - 2027