Top Accounting Skills
Accounting is the act of inspecting or managing someone else’s financial accounts. Accounting can refer to many different jobs, but all of these will require accounting skills. Many skills that accountants have are hard skills like those that relate to analysis and math, but there are also soft skills, which help accountants manage multiple accounts, assist clients and be organized.
Here are the top five accounting skills
Accountants will need to be able to read, compare and interpret data and figures. Auditors for instance may need to analyze data to find if funds have been misused or an accountant may work at reducing the clients tax liability by looking at their finances.
The ability to analyze figures and numbers in documents is a vital skill that is needed for all accounting jobs.
Accountants will need to be able to communicate with other colleagues, departments and clients. This communication may have to be in person or over the phone or through email. Accounts may also find that they have to give presentations.
Oral and written communication for an accountant will then have to be strong, as they will have to present complicated mathematical ideas in an accessible and easy way.
A lot of what an accountant does is paying attention to every detail, even the little ones. Accountants will have to go through a lot of data, which they will need to analyze and interpret. A great attention to detail is then a must.
Accounts will need to have knowledge of a number of systems and computer programs.
A bookkeeper for instance may need advanced Excel skills, an accountant may need to use financial software systems or an auditor may need to know certain data modeling programs.
All accounting jobs require a high level of organization. Bookkeepers, accountants and other such accounting fields will need to work and manage a number of client documents. These need to be kept in order and all the data will need to be managed.