Tax preparation and filing

Accountants calculate taxes owed, prepare tax returns, and ensure that taxes are paid properly and on time. They also analyze company assets, income, expenses, and liabilities to reach a total tax obligation. 

Financial analysis

Accountants analyze financial data to identify trends, variances, and opportunities for improvement. They also assess financial operations, identify risks and challenges, and make recommendations to management. 

Accounting records

Accountants organize, analyze, and maintain financial records. They also reconcile financial discrepancies by collecting and studying account information. 

Financial systems

Accountants manage financial systems and budgets. They also ensure that the organization complies with all financial regulations. 

Communication

Accountants communicate financial insights to key stakeholders and leadership teams. They also liaise with clients to provide financial information and advice. 

Financial reporting

Accountants prepare and present financial statements, such as balance sheets, income statements, and cash flow statements. They also ensure that these statements comply with laws and regulations.