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

tax advisortofinancial auditor

A tax advisor already meets 27% of what the financial auditor role asks for. The move turns on 16 required skills not yet in the profile.

From tax advisor
27%
Overlap1
To financial auditor
16 Skills carried over
16 Required, not held
76.1 Difficulty2
Career overlap Distant match

27%

Learning distance A rebuild

76.1/ 100

1 Share of the financial auditor role’s weighted skill requirement already met by the tax advisor 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 financial auditor role treats 6 of its required skills as things a tax advisor already does. These are the ones it depends on most.

  • accounting entries
  • conduct financial audits
  • inspect tax returns
  • interpret financial statements
  • observe confidentiality
  • prepare financial auditing reports

What stands in the way is 16 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 16 skills that carry over, these are the ones fewest other occupations ask for. A financial auditor role needs them, and most people applying for one will not have them already. This is the part of a tax advisor background worth leading with.

Skill the target role also needs Area
  • already held inspect tax returns assisting and caring
  • already held accounting entries business, administration and law
  • already held national generally accepted accounting principles business, administration and law
  • already held international financial reporting standards business, administration and law
  • already held advise on tax planning communication, collaboration and creativity
  • already held disseminate information on tax legislation communication, collaboration and creativity

All 16 carried skills, including the 6 the financial auditor role treats as required.

Table 3

Table 3 · What you would need to learn

The 44 missing skills fall into 7 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 business, administration and law 6 required, 10 supplementary
  • required, not held accounting department processes required
  • required, not held financial department processes required
  • required, not held accounting required
  • required, not held accounting techniques required
  • required, not held corporate law required
  • required, not held financial analysis required
  • optional, not held international tariffs optional
  • optional, not held banking activities optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial management optional
  • optional, not held financial products optional
  • optional, not held financial statements optional
  • optional, not held insolvency law optional
  • optional, not held internal auditing optional
  • optional, not held joint ventures optional
  • optional, not held mergers and acquisitions optional
02 information skills 5 required, 11 supplementary
  • required, not held monitor banking activities required
  • required, not held analyse financial risk required
  • required, not held arrange audit required
  • required, not held check accounting records required
  • required, not held obtain financial information required
  • optional, not held identify if a company is a going concern optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held develop financial statistics reports optional
  • optional, not held ensure compliance with accounting conventions optional
  • optional, not held ensure compliance with disclosure criteria of accounting information optional
  • optional, not held identify accounting errors optional
  • optional, not held maintain financial records optional
  • optional, not held maintain records of financial transactions optional
  • optional, not held produce statistical financial records optional
  • optional, not held provide support in financial calculation optional
  • optional, not held trace financial transactions optional
03 communication, collaboration and creativity 2 required, 3 supplementary
  • required, not held pose questions referring to documents required
  • required, not held present reports required
  • optional, not held advise on credit rating optional
  • optional, not held communicate with banking professionals optional
  • optional, not held liaise with shareholders optional
04 management skills 2 required, 2 supplementary
  • required, not held control financial resources required
  • required, not held develop audit plan required
  • optional, not held evaluate budgets optional
  • optional, not held maintain trusts optional
05 social sciences, journalism and information 1 required
  • required, not held economics required
06 assisting and caring 1 supplementary
  • optional, not held follow the statutory obligations optional

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a financial auditor 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 16 skills that carry over
Skill Type
  • already held accounting entries knowledge
  • already held conduct financial audits skill
  • already held inspect tax returns skill
  • already held interpret financial statements skill
  • already held observe confidentiality skill
  • already held prepare financial auditing reports skill
  • already held advise on financial matters skill
  • already held advise on tax planning skill
  • already held commercial law knowledge
  • already held disseminate information on tax legislation skill
  • already held fraud detection knowledge
  • already held international financial reporting standards knowledge
  • already held make strategic business decisions skill
  • already held national generally accepted accounting principles knowledge
  • already held tax legislation knowledge
  • already held use consulting techniques skill
The 1 learning area not shown above
Skill to acquire Tier
07 information and communication technologies (icts) 1 supplementary
  • optional, not held core banking software optional
28 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held core banking software optional
  • optional, not held identify if a company is a going concern optional
  • optional, not held international tariffs optional
  • optional, not held advise on credit rating optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held banking activities optional
  • optional, not held communicate with banking professionals optional
  • optional, not held develop financial statistics reports optional
  • optional, not held ensure compliance with accounting conventions optional
  • optional, not held ensure compliance with disclosure criteria of accounting information optional
  • optional, not held evaluate budgets optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial management optional
  • optional, not held financial products optional
  • optional, not held financial statements optional
  • optional, not held follow the statutory obligations optional
  • optional, not held identify accounting errors optional
  • optional, not held insolvency law optional
  • optional, not held internal auditing optional
  • optional, not held joint ventures optional
  • optional, not held liaise with shareholders optional
  • optional, not held maintain financial records optional
  • optional, not held maintain records of financial transactions optional
  • optional, not held maintain trusts optional
  • optional, not held mergers and acquisitions optional
  • optional, not held produce statistical financial records optional
  • optional, not held provide support in financial calculation optional
  • optional, not held trace financial transactions optional
26 held skills the financial auditor role does not ask for
Skill Type
  • not needed by the target role advise on efficiency improvements skill
  • not needed by the target role advise on legal decisions skill
  • not needed by the target role advise on tax policy skill
  • not needed by the target role business management principles knowledge
  • not needed by the target role cadastral taxation knowledge
  • not needed by the target role calculate tax skill
  • not needed by the target role check official documents skill
  • not needed by the target role civil law knowledge
  • not needed by the target role collect tax skill
  • not needed by the target role compile legal documents skill
  • not needed by the target role develop taxation policies skill
  • not needed by the target role inform on fiscal duties skill
  • not needed by the target role inspect taxation documents skill
  • not needed by the target role international taxation of transfer prices knowledge
  • not needed by the target role legal department processes knowledge
  • not needed by the target role legal terminology knowledge
  • not needed by the target role manage payroll reports skill
  • not needed by the target role manage personal finances skill
  • not needed by the target role negotiate in legal cases skill
  • not needed by the target role prepare financial statements skill
  • not needed by the target role prepare tax returns forms skill
  • not needed by the target role provide legal advice skill
  • not needed by the target role research taxation procedures skill
  • not needed by the target role secure sensitive customer's information skill
  • not needed by the target role sign income tax returns skill
  • not needed by the target role value-added tax law knowledge
18 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 accounting department processes required
  • required, not held financial department processes required
  • required, not held accounting required
  • required, not held accounting techniques required
  • required, not held corporate law required
  • required, not held economics required
  • required, not held financial analysis required
  • optional, not held core banking software optional
  • optional, not held international tariffs optional
  • optional, not held banking activities optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial management optional
  • optional, not held financial products optional
  • optional, not held financial statements optional
  • optional, not held insolvency law optional
  • optional, not held internal auditing optional
  • optional, not held joint ventures optional
  • optional, not held mergers and acquisitions optional
Index
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.