Wondering what it takes to be a skillful accountant?

Accountants analyze and prepare financial records for organizations and individual clients. They also examine and interpret complex financial data and then communicate their findings to clients in a clear and concise manner.

These are the some of the skills professionals in this field need to succeed:

1. Analytical Skills: Accounting work requires a meticulous, detail-oriented eye. The best accountants can look at an analysis report and quickly determine whether or not the facts and figures compute. "Good accountants are able to pull the analysis together”

2. Organization: Accountants must be highly organized in order to juggle multiple clients, meet deadlines, and follow proper reporting guidelines. If you want to be an organizational master when embarking on your accounting career, you'll need to start working on organizing your life and responsibilities now.

3. Critical Thinking: This is an invaluable skill. Accountants constantly encounter errors and inaccuracies and if not detected these mistakes can have serious ramifications for employers and clients. In order to solve these complex problems, accountants must approach situations critically by considering all variables and potential risks thereby becoming an asset to organizations.

4. Interpersonal communication: One of the most important skills the best accountants possess is the ability to transform numbers, charts, and tables into a story the average person can understand. This helps weed out the unnecessary details that make a presentation less accessible.

5. Adaptability: The accounting profession constantly changes and evolves. Accountants should always be prepared to adapt to changing standards, protocols and technological advancements. Being able to adapt and be comfortable with change is incredibly important.

6. Time management: Working on different projects and being able to manage deadlines is a trait that distinguishes passable accountants from their top-shelf peers.

7. Industry knowledge: It is important for accountants to sharpen their understanding of the relevant accounting standards/principles guiding preparation and reporting of financial statement. This may require you to take on courses, jobs and internships that'll enable you acquire this knowledge.

8. Spreadsheet proficiency: Accountants should become familiar with Microsoft Excel and other spreadsheet platforms. This is because spreadsheets will be an intimate part of your everyday life, and your ability to prepare them efficiently and accurately will set you apart from other new hires. Also, learning how to use Accounting software is an invaluable skill.

9. Team Work: Being a team player and learning from others is necessary in the accounting world. Sharing ideas & thinking through ideas in a collaborative environment help provide the best outcomes possible and ensure every option possible has been considered.
10. Writing: Despite the numbers-driven nature of accounting work, Accountants also draft reports, emails and other correspondence for clients in which accountants explain complicated ideas and concepts in layman's terms. Therefore, it is important to brush up on your writing skills for better written analysis.

Which of these skills do you hope to develop in your professional journey?

 

All of them.

The need to develop these skills canot be over emphasised. Thank you for sharing!

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