Accountants and Auditors

Accountants and Auditors typically perform the following tasks: • Prepare detailed reports on audit findings. • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities. • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies. • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions. • Supervise auditing of establishments, and determine scope of investigation required. • Confer with company officials about financial and regulatory matters. • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity. • Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate. • Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations. • Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. • Prepare adjusting journal entries. • Review accounts for discrepancies and reconcile differences. • Establish tables of accounts and assign entries to proper accounts. • Examine inventory to verify journal and ledger entries. • 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. • Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology. • Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets. • Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives. • Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.