Finance / Accounting

Accountant

Overview

Accountants are professionals responsible for managing financial records. They ensure that financial records are accurate up to date and they comply with legal requirements. Accountants analyze financial data and provide advice on budgets, tax laws, and investment opportunities to individuals and organizations.

Accountants are usually required to have certifications such as a bachelor or a master’s degree, and they usually have to pursue certifications.

Common tasks 

    TaskRelated trait(s)
    Maintaining financial records accurate and up-to-date Meticulous Focus
    Preparing and filing tax returns Meticulous
    Analyzing financial data and creating financial reports for stakeholders Meticulous Math ability Fluency of ideas
    Identifying potential areas for improvement Meticulous Fluency of ideas
    Providing financial advice Integrity Fluency of ideas
    Staying up-to-date with accounting laws and regulations Written comprehension
    Ensuring compliance with policies and procedures Integrity
    Cooperating with other departments and colleagues Teamplayer_Helping others  Teamplayer Respect for rules Equality and fairness in leadership

    Soft skills measured by TraitForward

    TraitNo of QuestionsCronbach’s  alpha (α)
    Written comprehension50.72
    Do they like reading?
    Integrity80.71
    Are they moral, honest, do they follow the rules?
    Teamplayer_Helping others60.73
    Do they like helping others?
    Teamplayer_Positive Team Practices80.72
    Do they like being included in a group?
    Meticulous90.78
    Do they have a desirable work ethic?
    Equality and fairness in leadership110.75
    Do they operate according to the principles of fairness and equality?
    Math ability80.73
    Do they have math abilities?
    Fluency of ideas70.76
    Can they generate ideas?
    Focus70.76
    Are they focused?
    Teamplayer Respect for rules90.74
    Do they follow rules?
    *Cronbach’s alpha coefficient (α) determines the extent to which the questions consistently measure each trait and it is expressed as a number ranging between 0 and 1 . Higher values indicate higher agreement between questions.  A value of α equal to greater than .7 indicates acceptable reliability or internal consistency.  For more information on the psychometric properties of the solution, please click here.

    Did you Know?

    Source: US Department of Labor – Bureau of Labor Statistics

    Median wage: 

    $83,980 / per year

    $40 / hour

    The median annual wage for this profession is $83,980.

    A relatively low salary of the annual wage is $47,970 (10th percentile)

    A relatively high salary of the annual wage is $128,970 (90th percentile)

    Expected employment growth:

    Number of professionals occupied in US in 2021: 1,449.8 (in thousands)

    Projected number of professionals occupied in US in 2031: 1,531.6 (in thousands)

    This is a 5.6% change within 10 years.

    Find out the psychometric properties for the Accountant Traitforward questionnaire

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