An accountant should know how to prepare financial statements and accounting reports for planning, controlling, budgeting and decision-making. The three key financial statements are balance sheet, profit & loss and cash flows account. These above three financial statements are interlinked with each other.
What are the basic 5 things an accountant should be aware?
These skills are not just number crunching ones, but a combination of both technical knowledge and soft skills.
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- Numerical Skill. ...
- Eye for Detail. ...
- Time Management and Organisational Skill. ...
- Computer Skill. ...
- Communication Skill. ...
- Business Awareness. ...
- Integrity.
What programs should accountants know?
Top 5 Accounting Software Apps For Accountants
- Best Accounting Software For Accountants Overall: QuickBooks Online. ...
- Best Traditional Accounting Software For Accountants: QuickBooks Pro. ...
- Best Accounting Software For Accountants With Niche Clients: QuickBooks Premier. ...
- Best Cloud-Based Reporting & Accounting Features: Xero.
