What the work is
An accountant records all of a company’s money and business transactions: sales and purchases, payroll, taxes, assets. They check and post source documents, reconcile balances with counterparties and the bank, calculate taxes and prepare financial and tax reports. The tools are accounting software (often 1C), Excel, electronic invoices and tax-filing services.
A typical day
Checking and posting incoming invoices and completion certificates. Reconciling the bank statement with the books. Answering staff and suppliers about payments. Calculating payroll and taxes at month end. Preparing reports by the deadline and answering requests from auditors or the tax office.
How to start
- Learn the basics of accounting: double entry, the chart of accounts, the accrual principle.
- Study the national accounting standards and the basics of IFRS, and the parts of the tax code on the main taxes.
- Learn an accounting package and get confident in Excel.
- Confirm your knowledge with the Accounting test on the platform and start as an assistant accountant.
Related professions
Auditor, financial analyst, economist, credit specialist.