Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
SOC: 13-2011.00
Common Job Titles
Accountant
Auditor
Certified Public Accountant (CPA)
Financial Auditor
What You'll Need to Succeed
AI-generated
Key competencies for this occupation at a glance
KnowledgeDesign financial reporting systems and budgetary data recording processes for organizational clients, integrating regulatory requirements and business needs.
Advanced
KnowledgeSynthesize financial data from multiple sources using ERP systems and data analytics tools to prepare comprehensive management reports.
Advanced
KnowledgeAnalyze financial statements and accounting records to identify discrepancies and ensure compliance with GAAP and regulatory standards.
Proficient
KnowledgeEvaluate internal controls and audit evidence independently during financial audits to determine compliance with established standards.
Proficient
KnowledgeInterpret tax regulations and accounting principles to provide advisory services to clients on complex financial matters.
Proficient
KnowledgeApply mathematical and statistical methods to forecast financial trends and assess organizational performance.
Proficient
MindsetAdvocate ethical accounting practices and professional standards when advising clients and training team members on regulatory compliance.
Proficient
MindsetIntegrate client service principles with technical accounting expertise when resolving conflicts and negotiating financial reporting issues.
Proficient
KnowledgeOperate financial software platforms including QuickBooks, SAP, and Microsoft Excel to document transactions, generate reports, and maintain general ledgers.
Proficient
MindsetEngage with clients and stakeholders to understand their financial needs and deliver tailored accounting solutions.
Developing
Wage Data According to the Bureau of Labor Statistics
Annual wage data for Accountants and Auditors (2024)
Estimated Total Employment (U.S.)
1,448,290
Wage Distribution by Percentile
Line chart of annual wages by percentile. U.S. is the solid line. 10th percentile: U.S. $52,780. 25th percentile: U.S. $64,660. 50th percentile: U.S. $81,680. 75th percentile: U.S. $106,450. 90th percentile: U.S. $141,420. Use the left and right arrow keys to move between percentiles.
U.S.
Metric
U.S.
10% of workers earn the following or less
$52,780
10% of workers earn the following or more
$141,420
Workers on average earn
$93,520
+ indicates wage is at or above the BLS reporting cap ($239,200/year)
Skills & Requirements
Key competencies for this occupation, ranked by importance
Economics and Accounting4.7/5
English Language4.0/5
Mathematics3.9/5
Administration and Management3.5/5
Customer and Personal Service3.5/5
Skills & Requirements: Knowledge
Tools & Technology
Equipment and software commonly used in this occupation
