Keep track of expenses

Description

Make sure that project expenses are duly recorded. Ensure careful bookkeeping, regularly review the budget, respect budget allocations, and take all necessary steps to keep the expenses transparent.

Alternative labels

record expenses
keep tracking of expenses
keep expense tracking
ensure proper accounting

Skill type

skill/competence

Skill reusability level

occupation-specific

Relationships with occupations

Essential skill

Keep track of expenses is an essential skill of the following occupations:

Optional skill

Keep track of expenses is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Accountant:
Accountants review and analyse financial statements, budgets, financial reports, and business plans in order to check for irregularities resulting from error or fraud, and provide their clients with financial advice in matters such as financial forecasting and risk analysis. They may audit financial data, resolve insolvency cases, prepare tax returns and provide other tax-related advice in reference to current legislation.

 


 

References

  1. Keep track of expenses – ESCO

 

Last updated on September 20, 2022

Thinking about your next career move?

Answer a few questions about your jobs and education, and we’ll give you suggestions about your best possible career move. It’s completely free!