The role of an accountant in business :

Accounting is an integral part of every business.

Every information provided by the accounting department is necessary for managers.
- Accountants can play the role of analysts and perform data analysis that can be used to
help them in making future business decisions. These decisions may include managing
payment of bills, employee payroll, and supply order on a day-to-day basis. On the contrary,
if the accounting information is wrong, it will make the manager's decision inappropriate.
From there, the business can fall into a difficult situation.
Accountants can also advise the manager on how to properly conduct certain business
agendas, such as revenue generation, financial projects and the amount of expected
revenue in the future.
Therefore, to complete the task well, an accountant needs to have the necessary skills
including specialized skills and soft skills.
What skills do you think an accountant needs?
- Specialized Accounting Skills
+ Financial reporting and analysis: Accountants should have extensive
knowledge about financial statements and how they work.
+ Industry Knowledge: For example, ledger skills are key for understanding
credits and debits, while standard reconciliation skills help accountants
differentiate between ledgers and trial balances. Accountants to sharpen their
understanding of Generally Accepted Accounting Principles (GAAP),
Securities and Exchanges Commission reporting, and initial public offerings.
+ Spreadsheet software Proficiency (Microsoft Excel, Google Sheets). This is a
basic office skill that every accountant should have.

- Basic Soft Skills for Accountants

+ Analytical skills: Accounting work requires a meticulous, detail-oriented eye.
Accountants must sift through hefty financial records to ensure every detail is
accurate and current. So this skill is important to be a good accountant.
+ Critical Thinking and problem solving: Accountants constantly encounter
errors, discrepancies, and inaccuracies - if not detected and addressed, these
mistakes can have serious ramifications for employers and clients. In order to
solve these complex problems, accountants must approach situations
critically by considering all variables and potential risks.
+ Adaptability: Like the frameworks guiding taxes and financial reporting, the
accounting profession constantly changes and evolves. Accountants should
always be prepared to adapt to changing standards and protocols, as well as
technological advances, workplace dynamics, and new platforms for client
interaction.

What specialized skills should an accountant have mentioned in the presentation?

A. Analytical skills, Critical Thinking and problem solving, Adaptability
B. Financial reporting and analysis, Analytical skills, Spreadsheet software Proficiency
C. Financial reporting and analysis, Industry Knowledge, Spreadsheet software
Proficiency (đáp án)
D. Analytical skills, Industry Knowledge, Spreadsheet software Proficiency