Accountants Go Back to List Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Tasks
	Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
	Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting, or other tax requirements.
	Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
	Report to management regarding the finances of establishment.
	Establish tables of accounts and assign entries to proper accounts.
	Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
	Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
	Prepare forms and manuals for accounting and bookkeeping personnel and direct their work activities.
	Survey operations to ascertain accounting needs and to recommend, develop, or maintain solutions to business and financial problems.
	Advise management about issues such as resource utilization, tax strategies, and the assumptions underlying budget forecasts.

Skills
	Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
	Mathematics - Using mathematics to solve problems.
	Writing - Communicating effectively in writing as appropriate for the needs of the audience.
	Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
	Speaking - Talking to others to convey information effectively.
	Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
	Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
	Time Management - Managing one's own time and the time of others.
	Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
	Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

Knowledge
	Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
	Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
	English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
	Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
	Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
	Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
	Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
	Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
	Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
	Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.

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Education & Training   Education:   Most of these occupations require a four-year bachelor's degree, but some do not.   Related Experience:   A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

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Wage Information
	Region Average Entry Level  Mid-Range  Annual  Hourly  Statewide $92,772.00 $44.60  $30.13  $33.28 - $51.14  Bridgeport/Stamford $100,741.00 $48.44  $32.15  $36.79 - $56.72  Danbury $88,613.00 $42.60  $28.38  $31.33 - $48.89  Hartford $90,529.00 $43.52  $30.42  $33.28 - $50.20  New Haven $89,054.00 $42.82  $29.02  $31.91 - $49.72  New London/Norwich $88,716.00 $42.65  $27.41  $30.78 - $50.49  Waterbury $81,474.00 $39.17  $27.51  $30.15 - $42.89  Torrington $80,869.00 $38.88  $28.10  $29.98 - $45.03

Occupation Outlook ( 2016 - 2026 ) Average Annual Job Openings:   1415   Employment in this occupation is expected to grow more slowly than average, and the number of annual openings will offer limited job opportunities.

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	Some of the occupational information on this page is formulated from O*NETTM v17.0 data. O*NETTM is a trademark of the U.S. Department of Labor, Employment and Training Administration.