#Accounting principles staffing software
A thorough knowledge of accounting software and applications in conjunction with Generally Accepted Accounting Principles is necessary to catch errors before they spiral into the thousands or even millions of dollars. Employers need knowledgeable accountants and finance professionals who can harness automation tools in a strategic way.Įven with the best technology, mistakes happen. But automation doesn’t happen in a vacuum-at least not yet. It’s estimated that 50% of accounting tasks can be automated through currently available technology, while labor-intensive tasks like tax, payroll, and audits will have the ability to be fully automated by 2020. Technical finance skills are essential for keeping business operations efficient. Without technology, critical business predictions like projected revenue growth or future labor needs wouldn’t be possible. First and foremost, these skills ensure the precise recording of financial transactions and facilitate accurate forecasting for the future.
Technical accounting skills serve a variety of purposes for companies that are looking to fill open positions. Aside from having basic finance skills, you’ll need to be proficient with spreadsheets and will be expected to have a working knowledge across a range of different business software. It takes the right combination of hard and soft skills to succeed in a finance or accounting job, but the list of technical skills employers in this industry want to see from their top candidates is longer than most.
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