Group
Unit Group

2211 Accountants

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ANZSCO - Australian and New Zealand Standard Classification of Occupations
Reference period
2021
Released
23/11/2021

2211 Accountants

Accountants provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance and performance requirements to ensure statutory and strategic governance.

Indicative Skill Level:

In Australia and New Zealand:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Tasks Include:

  • assisting in formulating budgetary and accounting policies
  • preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
  • conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
  • examining operating costs and organisations' income and expenditure
  • providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
  • providing financial and taxation advice on business structures, plans and operations
  • preparing taxation returns for individuals and organisations
  • liaising with financial institutions and brokers to establish funds management arrangements
  • introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
  • maintaining internal control systems
  • may appraise cash flow and financial risk of capital investment projects

Occupations:

  • 221111 Accountant (General)
  • 221112 Management Accountant
  • 221113 Taxation Accountant

221111 Accountant (General)

Provides services relating to compliance-based financial reporting, auditing, insolvency and accounting information systems; and advises on associated record-keeping requirements. Registration or licensing may be required for certain services such as auditing.

Skill Level: 1

Specialisations:

  • Financial Analyst
  • Insolvency Consultant
  • Insolvency Practitioner

221112 Management Accountant

Alternative Title:

  • Cost Accountant

Provides services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations. Provides advice on financial planning, risk management, carbon sequestration projects and carbon pricing and provides management with reports to assist in decision-making. May provide insight into cost performance and support the implementation of benchmarking and quality improvement initiatives. Registration or licensing may be required.

Skill Level: 1

Specialisations:

  • Carbon Accountant
  • Commercial Accountant
  • Product Accountant

221113 Taxation Accountant

Alternative Titles:

  • Taxation Agent
  • Taxation Consultant

Analyses, reports and provides advice on taxation issues to organisations or individuals, prepares taxation returns and reports, and handles disputes with taxation authorities. Registration or licensing may be required.

Skill Level: 1

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