Accounting skills
How to become a Accounting
Accounting professionals who possess a firm grasp of financial analysis, record keeping, auditing, and comfort with software, can pave a path to coveted positions and exceptional professional growth throughout their career journey.
Hard skills:
- Financial Reporting - Ability to accurately prepare and review financial reports in accordance with Canadian GAAP
- Tax Compliance - Knowledge of Canadian tax laws and regulations and ability to prepare and file tax returns
- Auditing - Ability to independently audit financial records, assess accuracy and completeness of financial statements
- Bookkeeping - Proficiency in maintaining ledgers, reconciling accounts and preparing financial statements
- Accounting Software - Expertise in using accounting software such as QuickBooks and Sage
- Problem Solving - Ability to identify, analyze and resolve financial discrepancies
- Data Analysis - Proficiency in analyzing financial data to identify trends and potential areas of improvement
- Communication - Excellent written and verbal communication skills to explain financial reports to stakeholders
Soft skills:
- Time Management - Ability to monitor and track time efficiently
- Organizational Skills - Capacity to create and maintain effective organizational systems
- Interpersonal Communication - Proficiency in conveying ideas, thoughts and opinions in a clear and concise manner
- Problem Solving - Proficiency in using logic and reasoning to identify solutions to complex and challenging issues
- Adaptability - Capability to adjust and respond quickly to changing situations
- Leadership - Ability to motivate, guide and direct others in a way that ensures positive outcomes
- Accounting Knowledge - Expertise in the principles and practices of accounting
- Data Analysis - Skill in extracting meaningful information from raw data and making informed decisions