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Career Guidance Skills information skills S2.2 - documenting and recording information S2.2.1 - preparing financial documents, records, reports, or budgets Prepare financial statements
Description
Collect, entry, and prepare the set of financial records disclosing the financial position of a company at the end of a certain period or accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 6 occupations
- Optional in 15 occupations
- Total: 21 occupations
- Most common in: ISCO major group 2 (Professionals)
Essential for
- Financial managerFinancial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, e…
- Tax advisorTax advisors use their expertise in tax legislation to provide commercially focused advisory and consultancy services to a wide range of clients from all economic sectors. They exp…
- Financial controllerFinancial controllers handle all tasks related to the budgeting and accounting aspects of a company or organisation. They implement and ensure compliance with internal financial an…
- Investment fund management assistantInvestment fund management assistants provide clients with financial planning advice on financial products and serve as the main contact point for new and old clients. They assist …
- BookkeeperBookkeepers record and assemble the day-to-day financial transactions of an organisation or company, consisting usually of sales, purchases, payments and receipts. They ensure all …
- AccountantAccountants review and analyse financial statements, budgets, financial reports, and business plans in order to check for irregularities resulting from error or fraud, and provide …
Optional for
- Accounting managerAccounting managers assume responsibility for all accounting activities relating to financial reporting. They develop and maintain accounting principles and procedures to ensure ti…
- Executive assistantExecutive assistants are advanced administrative professionals who work with top-level executives or in international facilities in various industries. They organise meetings, orga…
- Bank tellerBank tellers deal most frequently with customers of the bank. They promote the banks products and services, and provide information about the customers personal accounts and relate…
- Corporate treasurerCorporate treasurers determine and oversee the financial strategic policies of a company or organisation. They use cash management techniques like account organisation, cash flow m…
- Budget managerBudget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedur…
- Business managerBusiness managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectiv…
- Office managerOffice managers oversee the administrative work that clerical workers are commissioned to perform in various types of organisations or associations. They perform micromanagement an…
- Cost analystCost analysts prepare regular costs, budgeting analyses and reports in order to contribute to the overall cost planning and forecasting activities of a business. They review and re…
- Department managerDepartment managers are responsible for the operations of a certain division or department of a company. They ensure objectives and goals are reached and manage employees. Other ti…
- Financial fraud examinerFinancial fraud examiners undertake anti-fraud investigations including financial statement irregularities, securities fraud and market abuse detection. They manage fraud risk asse…
- Payroll clerkPayroll clerks manage the time sheets and pay checks of the employees. They make sure the information there is correct. Payroll clerks check overtime, sick days and vacation. They……
- Billing clerkBilling clerks create invoices and credit memos, issuing them to customers by all necessary means, and updating customer files. They issue invoices to customers and monthly custome…
- Accounting assistantAccounting assistants record and report ticketing accounting situations to the accountant they work with, verify deposits and prepare daily reports and income. They arrange authori…
- Property assistantProperty assistants perform several duties including administrative tasks in the real estate sector. They provide clients with financial information about properties and advise the…
- Accounting analystAccounting analysts evaluate the financial statements of clients, usually companies, which include the income sheet, the balance sheet, the statement of cash flows and additional n…
Related skills
- Financial statements
- Financial management
- Interpret financial statements
- Advise on financial matters
- Financial forecasting
- Accounting techniques
- Tax legislation
- Manage budgets
- Financial department processes
- Create a financial report
- Follow the statutory obligations
- Create a financial plan
- Analyse financial performance of a company
