- Multiple select question.
- Leadership skills
- Technical accounting knowledge
- Fluency in several languages
- Presentation skills
- Ability to work in teams
Correct Answer:
The knowledge and skills an accounting professional should possess are:
- Leadership skills
- Technical accounting knowledge
- Presentation skills
- Ability to work in teams
Explanation:
- Leadership Skills: Even though leadership may not be the primary responsibility of all accountants, it’s crucial for managing teams, projects, or departments within larger organizations.
- Technical Accounting Knowledge: This is fundamental. An accounting professional must understand key concepts such as financial reporting, tax laws, and auditing standards to perform their duties correctly.
- Presentation Skills: Accountants often need to present financial data and insights to stakeholders, making clear and concise presentation skills essential.
- Ability to Work in Teams: Since accounting tasks often involve collaboration with other departments or teams (e.g., finance, operations), being able to work well in teams is important.
