Management Accountant (221112)

CPAA/CAANZ/IPASkill Level 1MLTSSL

Description

Provides services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations. Provides advice on financial planning, risk management, carbon sequestration projects and carbon pricing and provides management with reports to assist in decision-making. May provide insight into cost performance and support the implementation of benchmarking and quality improvement initiatives. Registration or licensing may be required.

Tasks & Responsibilities

Assisting in formulating budgetary and accounting policies
Preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
Conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
Examining operating costs and organisations' income and expenditure
Providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
Providing financial and taxation advice on business structures, plans and operations
Preparing taxation returns for individuals and organisations
Liaising with financial institutions and brokers to establish funds management arrangements
Introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
Maintaining internal control systems
May appraise cash flow and financial risk of capital investment projects

Alternative Titles

• Cost Accountant

Assessment Documents

Document requirements vary by assessing authority.

Check CPAA/CAANZ/IPA website for current requirements.