Technical accountant
Glynis
Registered Posts: 488 Dedicated contributor 🦉
I've seen a job online for a technical accountant. Can anyone tell me what this could involve?
0
Comments
-
Never heard that term. Isn't every accounting job technical. Is it a typo, could they have meant technician?
What does the description say?0 -
Found this link about technical accounting
http://answers.yahoo.com/question/index?qid=20080623105128AAXCAX50 -
Isn't there a job description with the advert?0
-
In a previous life I held a post with the Grand Title "Group Accountant - Technical". Bearing in mind that I work in Local Government in Wales, the things I did to earn the title of Technical Accountant was (I did non technical work as well):
Advise the other Group Accountants on the meaning of and application of accounting standards, statutory regulations, local government finance acts etc. Respond to CCAB, CIPFA, CLG and WAG (or WG now) consultations on legislative or standard changes, try to instigate improvements to standards and legislation. Assess the financial standing of potential contractors, carry out ad hoc exercises such as the impact on finances due to legislative or boundary changes. But perhaps the most challenging work, to understand the working of the statutory spending assessment, the ssa formula and the Revenue Support Grant, advising on the inter relationship between RSG, non domstic rates and Council Tax (if one inceases, what happens to the others). Advising how to get the most from the formula and fighting to change the formula to the advantage of my employer (RSG is a fixed overall grant, the size each LA's slice of the pie is set by the formula).
But in summary, understanding and applying the finance rules, and trying to change the rules to your advantage. In Local Government most Resouces Directors and Finance Heads have done a stint in Technical Accounting.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 319 NEW! Qualifications 2022
- 157 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership