ACCA
What can I achieve with an ACCA qualification?
05 Jul 2021
ACCA is the most globally recognised qualification and can open doors to jobs all around the world. In fact, it’s the number one choice for accountancy students due to its reputation and career opportunities.
But what can you do with an ACCA qualification? Read on to find out more.
Potential job roles
With an ACCA qualification there are so many roles you could go into so here’s a few options you might want to consider.
Financial Accountant
As a Financial Accountant you would analyse financial information using cash flow statements and balance sheets. You would also be responsible for preparing the organisation’s financial statements for external parties, such as tax and regulations authorities, creditors, shareholders and investors.
You may also be expected to create business strategies to increase revenue and profit.
Tasks could include:
- Managing bank accounts
- Consolidating annual accounting statements
- Forecasting cash flow
- Developing policy for company treasury
- Preparing tax returns
- Managing finance teams
- Assisting auditors
- Reconciling balance sheets
- Preparing reports
- Managing supplier rebates
Management Accountant
Management Accountants are responsible for recognising, measuring, assessing, and communicating the financial information of an organisation. In this role you would analyse critical organisational information and data that is used to assist management in making business decisions.
Although the role may seem similar to a financial accountant, management accountants are different as they analyse information for the internal management of the organisation, to help measure performance and which strategies should be employed.
Tasks could include:
- Preparing regular financial statements and accounts
- Monitoring spending, costs and budgets
- Analysing the company’s financial performance
- Forecasting and planning future spending and profits
- Recommending ways to reduce costs and increase profits
- Making business decisions with other managers
- Carrying out internal audits of various departments
- Providing external auditors with company reports and financial data
- Managing a team of accounting technicians and finance clerks
- Overseeing the company's payroll, credit control and bookkeeping systems.
Financial Crime Risk Analyst
As a Financial Crime Risk Analyst you would provide expert advice and support relating to financial crime risk, control and compliance. You would work to ensure sound and responsible business practices and high ethical standards within the business, as well as the integrity of the products and services delivered to customers.
You need to be a commercially aware communicator and be able to spot the potential risks to a project or business.
Tasks could include:
- Ensuring that financial crime risks are identified and reported quickly
- Assisting with developing and communicating standards and frameworks for mitigating financial crime risks
- Coordinating and reviewing financial crime risk assessments
- Conducting investigations including potential financial crime cases
- Making decisions and recommendations on appropriate actions in relation to financial crime issues.
Auditor
Auditors examine and authenticate the precision of an organisation’s financial and operational records and statements. They tend to work for large organisations, so you could be working for top companies around the world.
As an auditor you would verify if the financial records of an organisation are in agreement with the regulatory framework. Investors and shareholders tend to be more confident if financial statements are audited, and it helps to reduce organisational risk.
Tasks could include:
- Collating, checking and analysing spreadsheet data
- Examining company accounts
- Assessing levels of financial risk
- Checking that financial reports and records are accurate and reliable
- Identifying if and where processes are not working as they should and advising on changes to be made
- Preparing reports, commentaries and financial statements
- Presenting findings and recommendations
- Ensuring procedures, policies, legislation and regulations are followed
Any roles interest you?
This list is by no means exhaustive but if you are keen to pursue these types of careers, the ACCA qualification can help you get there.
By choosing ACCA, you choose a future full of opportunity. You can become the strategic, forward thinking finance professional the world needs. You open doors to an exciting, rewarding career that will take you wherever you want to go.
Take a look at our ACCA pages for more information about the qualification. You can try a free trial for the OnDemand or Live Online study methods.
ACCA
What can I achieve with an ACCA qualification?
05 Jul 2021
ACCA is the most globally recognised qualification and can open doors to jobs all around the world. In fact, it’s the number one choice for accountancy students due to its reputation and career opportunities.
But what can you do with an ACCA qualification? Read on to find out more.
Potential job roles
With an ACCA qualification there are so many roles you could go into so here’s a few options you might want to consider.
Financial Accountant
As a Financial Accountant you would analyse financial information using cash flow statements and balance sheets. You would also be responsible for preparing the organisation’s financial statements for external parties, such as tax and regulations authorities, creditors, shareholders and investors.
You may also be expected to create business strategies to increase revenue and profit.
Tasks could include:
- Managing bank accounts
- Consolidating annual accounting statements
- Forecasting cash flow
- Developing policy for company treasury
- Preparing tax returns
- Managing finance teams
- Assisting auditors
- Reconciling balance sheets
- Preparing reports
- Managing supplier rebates
Management Accountant
Management Accountants are responsible for recognising, measuring, assessing, and communicating the financial information of an organisation. In this role you would analyse critical organisational information and data that is used to assist management in making business decisions.
Although the role may seem similar to a financial accountant, management accountants are different as they analyse information for the internal management of the organisation, to help measure performance and which strategies should be employed.
Tasks could include:
- Preparing regular financial statements and accounts
- Monitoring spending, costs and budgets
- Analysing the company’s financial performance
- Forecasting and planning future spending and profits
- Recommending ways to reduce costs and increase profits
- Making business decisions with other managers
- Carrying out internal audits of various departments
- Providing external auditors with company reports and financial data
- Managing a team of accounting technicians and finance clerks
- Overseeing the company's payroll, credit control and bookkeeping systems.
Financial Crime Risk Analyst
As a Financial Crime Risk Analyst you would provide expert advice and support relating to financial crime risk, control and compliance. You would work to ensure sound and responsible business practices and high ethical standards within the business, as well as the integrity of the products and services delivered to customers.
You need to be a commercially aware communicator and be able to spot the potential risks to a project or business.
Tasks could include:
- Ensuring that financial crime risks are identified and reported quickly
- Assisting with developing and communicating standards and frameworks for mitigating financial crime risks
- Coordinating and reviewing financial crime risk assessments
- Conducting investigations including potential financial crime cases
- Making decisions and recommendations on appropriate actions in relation to financial crime issues.
Auditor
Auditors examine and authenticate the precision of an organisation’s financial and operational records and statements. They tend to work for large organisations, so you could be working for top companies around the world.
As an auditor you would verify if the financial records of an organisation are in agreement with the regulatory framework. Investors and shareholders tend to be more confident if financial statements are audited, and it helps to reduce organisational risk.
Tasks could include:
- Collating, checking and analysing spreadsheet data
- Examining company accounts
- Assessing levels of financial risk
- Checking that financial reports and records are accurate and reliable
- Identifying if and where processes are not working as they should and advising on changes to be made
- Preparing reports, commentaries and financial statements
- Presenting findings and recommendations
- Ensuring procedures, policies, legislation and regulations are followed
Any roles interest you?
This list is by no means exhaustive but if you are keen to pursue these types of careers, the ACCA qualification can help you get there.
By choosing ACCA, you choose a future full of opportunity. You can become the strategic, forward thinking finance professional the world needs. You open doors to an exciting, rewarding career that will take you wherever you want to go.
Take a look at our ACCA pages for more information about the qualification. You can try a free trial for the OnDemand or Live Online study methods.
