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Accounting analyst

Field	Value
name	Accounting analyst
official_names	Accounting analyst
type	profession
activity_sector	Financial services
competencies	management skills, sense of analysis
formation	see professional requirements
employment_field	Private corporations
financial services industry
government
related_occupation	Financial analyst
Accountant

financial services industry government Accountant

An accounting analyst evaluates public company financial statements. Public companies issue these (10-K) annual financial statements as required by the Security and Exchange Commission. The statements include the balance sheet, the income statement, the statement of cash flows and the notes to the financial statements. Specifically, the notes to the financial statements contain considerable quantitative detail supporting the financial statements along with narrative information.

Description

This individual has extensive training in understanding financial accounting principles for public companies based on generally accepted accounting principles as provided by the Financial Accounting Standards Board. Or, they may have additional experience in applying international accounting standards based on the rules put out by the International Accounting Standards Board.

As an example, the accounting analyst may work for a financial research company evaluating differing financial accounting principles and how they influence the company's reported wealth.

Professional requirements

The accounting analyst will most likely hold an accounting qualification. The analyst may have an MBA degree with an Accounting specialization.

In addition, the analyst may hold the Chartered Certified Accountant (ACCA) or Certified Public Accountant (CPA) or Chartered Accountant (CA or ACA) designation.

References

"What Is an Accounting Analyst and How to Become One".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

accountancy-occupations financial-analysts

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