An accountant is a professional who generally has a four-year degree and records and reports financial transactions.
Accountant Extended Definition
An accountant might be employed by an accounting firm, government, private practice, or a large company with its own accounting department.
The accountant’s responsibilities can vary depending on their job description and experience. Responsibilities may include analyzing financial statements, conducting audits, and/or calculating and filing taxes.
Professional standards such as those set by IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles) are enforced.
To become a certified public accountant (CPA), accountants must:
- Undergo additional education
- Have the required experience
- Pass rigorous exams
Last Updated By
Andrew Freiman | Feb 22, 2023