What do Chartered Accountants do?

Chartered Accountants work in a wide range of business sectors and in a broad spectrum of roles, from financial controllers and directors, to chief executives.

Managing

Chartered Accoutants work as managers, steering businesses in the right strategic direction, solving problems, and implementing change.

Reporting

Chartered Accountants report on the financial performance of a company or firm, which impacts greatly on the decision making process.

Advising

Chartered Accountants are trusted advisors, and provide services to other businesses either as a consultant, or as a practicing partner.

Chartered Accountant roles

If you're interested in the different types of accountancy roles available to Chartered Accountants, we've outlined a few areas where we see our members working:

Tax accountant

Tax matters arise in every aspect of running a business, from day-to-day VAT to share schemes. Tax accountants prepare corporate and personal income tax statements and formulate tax strategies involving issues such as financial choice, how to best treat a merger or acquisition, deferral of taxes, when to expense items and the like.

Management accountants

Historically, many management accountants have been derided as "bean counters". This mentality has undergone major change as management accountants now often work side by side with marketing and finance personnel to develop new business. Management accountants work in companies and participate in decisions about capital budgeting and line of business analysis.

Financial accountants

The work of a financial accountant can be varied - one day they could be participating in important financial decisions involving mergers and acquisitions, the next they may be visiting a customer or supplier to set up a new account and discuss business. This work requires a good understanding of both accounting and finance.

Auditor

Working in audit involves checking accounting ledgers and financial statements within corporations and is the basis of much accountancy practice. Auditing work is becoming increasingly computerised and can rely on sophisticated random sampling methods. Auditing may involve a lot of travel and allows Chartered Accountants work in a wide array of sectors.

Budget analyst

Budget analysts are responsible for developing and managing an organisation's financial plans. There are plenty of jobs in this area in government and private industry. Besides quantitative skills, many budget analyst positions require superior people skills because of negotiations involved in the work. The Chartered Accountancy qualification gives you the tools you need to excel in this area.

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