Accountants, Auditors and Company Secretaries (ANZSCO 221)

Tuesday 7 November 2023

Accountants, Auditors and Company Secretaries (ANZSCO 221) play a crucial role in the financial sector of Australia. These professionals are responsible for planning and providing accounting, financial auditing, and treasury valuation services and systems to individuals and organizations. They also play a vital role in planning and reviewing legislative compliance activities.

Indicative Skill Level:

In Australia and New Zealand, most occupations in this minor group require a level of skill commensurate with a bachelor's degree or higher qualification. However, relevant experience of at least five years may substitute for the formal qualification. In some instances, on-the-job training and additional relevant experience may be required alongside the formal qualification (ANZSCO Skill Level 1).

Tasks Include:

  • Collecting, analyzing, and interpreting information on the financial status, cost structures, and trading effectiveness of organizations.
  • Devising, re-organizing, and establishing budgetary cost control and other accounting systems, including computer-based systems.
  • Conducting audits and investigations, and preparing financial statements and reports for management, shareholders, and statutory and other bodies.
  • Controlling treasury and treasury systems, and establishing and reviewing risk management objectives and treasury policies.
  • Arranging and giving notice of meetings of directors and shareholders.
  • Advising organizations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation, and corporate practice.

Subcategories:

Within this occupation, there are two main subcategories:

  • 2211 Accountants: These professionals specialize in providing accounting services, including financial analysis, taxation, and management accounting.
  • 2212 Auditors, Company Secretaries, and Corporate Treasurers: This subcategory includes professionals who conduct audits, manage company secretarial duties, and oversee treasury functions within organizations.

Accountants, Auditors and Company Secretaries play a vital role in ensuring the financial stability and compliance of organizations in Australia. Their expertise and skills contribute to the overall success and growth of businesses and the economy as a whole.

Minor Groups

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