ACCOUNTING ARTICLESType of Accountant.
Certified Public Accountant: These are upper-level accountants who are recognized as experts in an organization’s accounting records, taxes and financial standing. They play the role of a trusted advisor, helping their clients plan and meet their financial goals, while also assisting in other fiscal matters. This could include audits and reviews, forensic accounting, consulting and/or litigation services.
Forensic accountant: Forensic accountants are the detectives of the accounting world. These professionals analyze financial records to ensure they’re compliant with standards and laws. Conversely, forensic accountants are brought in to uncover errors, omissions or outright fraud.Forensic accountant: Forensic accountants are the detectives of the accounting world. These professionals analyze financial records to ensure they’re compliant with standards and laws. Conversely, forensic accountants are brought in to uncover errors, omissions or outright fraud.
Auditor: Auditors are the accuracy experts in an organization. Many organizations, from commercial businesses to non-profits, are required to conduct an annual audit to ensure records are precise.
Management accountant: It’s the responsibility of management accountants to provide this information so that sound decisions can be made regarding a company’s future. Some common duties of a management accountant are planning and budgeting, external financial reporting, risk management, profitability analysis and much more.
Cost accountant: They are responsible for examining every expense associated with a company’s supply chain to conduct a profitability analysis and budget preparation.
Government accountant: Accountant in federal, state and local government. They need accountants to keep track of money.
Project accountant: A project accountant is one who works on a project-by-project basis. This person oversees all aspects of a project that might affect the overall cost, including preparing and collecting invoices, approving expenses, verifying employees’ billable hours, planning and maintaining budgets and ensuring the team is meeting project deadlines.
Investment accountant: Investment accountants work in the fast-paced fields of finance and investment. Investment accountants typically work for brokerage and asset management firms.
Staff accountant: Staff accountant is one of the most common job titles in the field-they are the generalists of the accounting world. They have a wide variety of responsibilities, which can include preparing financial statements, maintaining a company’s general and subsidiary accounts, performing account reconciliations, maintaining payroll records, cash management and supervising clerical employees.
By Ojeaburu, Friday, ACA, MSc
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