Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

financial auditortoaccountant

A financial auditor already meets 46% of what the accountant role asks for. The move turns on 12 required skills not yet in the profile.

From financial auditor
46%
Overlap1
To accountant
22 Skills carried over
12 Required, not held
61.7 Difficulty2
Career overlap Partial match

46%

Learning distance Substantial retraining

61.7/ 100

1 Share of the accountant role’s weighted skill requirement already met by the financial auditor profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A accountant role treats 14 of its required skills as things a financial auditor already does. These are the ones it depends on most.

  • accounting department processes
  • accounting entries
  • accounting techniques
  • analyse financial performance of a company
  • check accounting records
  • commercial law

What stands in the way is 12 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 22 skills that carry over, these are the ones fewest other occupations ask for. A accountant role needs them, and most people applying for one will not have them already. This is the part of a financial auditor background worth leading with.

Skill the target role also needs Area
  • already held identify accounting errors information skills
  • already held accounting entries business, administration and law
  • already held ensure compliance with accounting conventions information skills
  • already held national generally accepted accounting principles business, administration and law
  • already held check accounting records information skills
  • already held international financial reporting standards business, administration and law

All 22 carried skills, including the 14 the accountant role treats as required.

Table 3

Table 3 · What you would need to learn

The 35 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 management skills 4 required, 10 supplementary
  • required, not held attach accounting certificates to accounting transactions required
  • required, not held explain accounting records required
  • required, not held manage accounts required
  • required, not held perform balance sheet operations required
  • optional, not held resolve difficult account allocation cases optional
  • optional, not held check the production schedule optional
  • optional, not held manage inventory optional
  • optional, not held support development of annual budget optional
  • optional, not held exert expenditure control optional
  • optional, not held handle financial transactions optional
  • optional, not held manage budgets optional
  • optional, not held manage corporate bank accounts optional
  • optional, not held manage revenue optional
  • optional, not held perform cost accounting activities optional
02 information skills 4 required, 6 supplementary
  • required, not held calculate tax required
  • required, not held prepare financial statements required
  • required, not held prepare tax returns forms required
  • required, not held prepare trial accounting balances required
  • optional, not held keep track of expenses optional
  • optional, not held monitor after sales records optional
  • optional, not held advise on risk management optional
  • optional, not held calculate production costs optional
  • optional, not held manage payroll reports optional
  • optional, not held perform risk analysis optional
03 business, administration and law 2 required, 2 supplementary
  • required, not held depreciation required
  • required, not held bookkeeping regulations required
  • optional, not held financial forecasting optional
  • optional, not held liquidity management optional
04 communication, collaboration and creativity 1 required, 4 supplementary
  • required, not held draft accounting procedures required
  • optional, not held consult with motion picture producer optional
  • optional, not held consult with production director optional
  • optional, not held liaise with auditors optional
  • optional, not held perform dunning activities optional
05 natural sciences, mathematics and statistics 1 required
  • required, not held statistics required
06 arts and humanities 1 supplementary
  • optional, not held film production process optional
Table 4

Table 4 · Where to start

The 3 entries a accountant role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 22 skills that carry over
Skill Type
  • already held accounting department processes knowledge
  • already held accounting entries knowledge
  • already held accounting techniques knowledge
  • already held analyse financial performance of a company skill
  • already held check accounting records skill
  • already held commercial law knowledge
  • already held ensure compliance with accounting conventions skill
  • already held financial department processes knowledge
  • already held financial statements knowledge
  • already held follow the statutory obligations skill
  • already held fraud detection knowledge
  • already held identify accounting errors skill
  • already held interpret financial statements skill
  • already held tax legislation knowledge
  • already held advise on financial matters skill
  • already held conduct financial audits skill
  • already held disseminate information on tax legislation skill
  • already held evaluate budgets skill
  • already held insolvency law knowledge
  • already held international financial reporting standards knowledge
  • already held national generally accepted accounting principles knowledge
  • already held prepare financial auditing reports skill
23 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held keep track of expenses optional
  • optional, not held resolve difficult account allocation cases optional
  • optional, not held check the production schedule optional
  • optional, not held consult with motion picture producer optional
  • optional, not held consult with production director optional
  • optional, not held film production process optional
  • optional, not held manage inventory optional
  • optional, not held monitor after sales records optional
  • optional, not held support development of annual budget optional
  • optional, not held advise on risk management optional
  • optional, not held calculate production costs optional
  • optional, not held exert expenditure control optional
  • optional, not held financial forecasting optional
  • optional, not held handle financial transactions optional
  • optional, not held liaise with auditors optional
  • optional, not held liquidity management optional
  • optional, not held manage budgets optional
  • optional, not held manage corporate bank accounts optional
  • optional, not held manage payroll reports optional
  • optional, not held manage revenue optional
  • optional, not held perform cost accounting activities optional
  • optional, not held perform dunning activities optional
  • optional, not held perform risk analysis optional
38 held skills the accountant role does not ask for
Skill Type
  • not needed by the target role accounting knowledge
  • not needed by the target role advise on credit rating skill
  • not needed by the target role advise on tax planning skill
  • not needed by the target role analyse financial risk skill
  • not needed by the target role arrange audit skill
  • not needed by the target role banking activities knowledge
  • not needed by the target role communicate with banking professionals skill
  • not needed by the target role control financial resources skill
  • not needed by the target role core banking software knowledge
  • not needed by the target role corporate law knowledge
  • not needed by the target role develop audit plan skill
  • not needed by the target role develop financial statistics reports skill
  • not needed by the target role economics knowledge
  • not needed by the target role ensure compliance with disclosure criteria of accounting information skill
  • not needed by the target role financial analysis knowledge
  • not needed by the target role financial jurisdiction knowledge
  • not needed by the target role financial management knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role identify if a company is a going concern skill
  • not needed by the target role inspect tax returns skill
  • not needed by the target role internal auditing knowledge
  • not needed by the target role international tariffs knowledge
  • not needed by the target role joint ventures knowledge
  • not needed by the target role liaise with shareholders skill
  • not needed by the target role maintain financial records skill
  • not needed by the target role maintain records of financial transactions skill
  • not needed by the target role maintain trusts skill
  • not needed by the target role make strategic business decisions skill
  • not needed by the target role mergers and acquisitions knowledge
  • not needed by the target role monitor banking activities skill
  • not needed by the target role observe confidentiality skill
  • not needed by the target role obtain financial information skill
  • not needed by the target role pose questions referring to documents skill
  • not needed by the target role present reports skill
  • not needed by the target role produce statistical financial records skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role trace financial transactions skill
  • not needed by the target role use consulting techniques skill
6 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held depreciation required
  • required, not held bookkeeping regulations required
  • required, not held statistics required
  • optional, not held film production process optional
  • optional, not held financial forecasting optional
  • optional, not held liquidity management optional
Index

Other moves recorded from financial auditor

Full index of moves from financial auditor

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.