ANZSCO code 221113

Taxation Accountant

Description

Analyses, reports and provides advice on taxation issues to organisations or individuals, prepares taxation returns and reports, and handles disputes with taxation authorities. Registration or licensing may be required.

Skill Level 1

Occupations at Skill Level 1 have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Assessing Authority

• Certified Practising Accountants of Australia (CPAA)

memberservice@cpaaustralia.com.au

• Chartered Accountants Australia and New Zealand (CAANZ)

migration@charteredaccountantsanz.com

• Institute of Public Accountants (IPA)

headoffice@publicaccountants.org.au 

Alternative Titles

• Taxation Agent
• Taxation Consultant

 Alternative titles are any commonly used alternative title (or titles) for the occupation. These alternative titles have the same meaning as the principal title but may be less commonly used.

Unit Group 2211: Accountants

Description

Plan and provide accounting systems and services relating to taxation and the financial dealings of organisations and individuals, and advise on associated record-keeping and compliance requirements.

Indicative Skill Level

In Australia and New Zealand: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1). Registration or licensing may be required. 

Tasks

• 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