Accountants and auditors
- Financial auditors and accountants
organize and administer the financial records of individuals, businesses, and organizations. Experienced accountants may specialize in auditing financial records for accuracy and compliance.
On This Page
Full NOC Description
Financial auditors examine and analyze the accounting and financial records of individuals and establishments to ensure accuracy and compliance with established accounting standards and procedures. Accountants plan, organize and administer accounting systems for individuals and establishments. They are employed by private sector accounting and auditing firms or departments and public sector accounting and auditing departments or units, or they may be self-employed. Articling students in accounting firms are included in this unit group.
Main Duties
This group performs some or all of the following duties:
- Financial auditors
- Examine and analyze journal and ledger entries, bank statements, inventories, expenditures, tax returns and other accounting and financial records, documents and systems of individuals, departments within organizations, businesses or other establishments to ensure financial recording accuracy and compliance with established accounting standards, procedures and internal controls
- Prepare detailed reports on audit findings and make recommendations to improve individual or establishment's accounting and management practices
- Conduct field audits of businesses to ensure compliance with provisions of the Income Tax Act, Canadian Business Corporations Act or other statutory requirements
- May supervise other auditors or professionals in charge of accounting within client's establishment.
- Accountants
- Plan, set up and administer accounting systems and prepare financial information for individuals, departments within organizations, businesses and other establishments
- Examine accounting records and prepare financial statements and reports
- Develop and maintain cost finding, reporting and internal control procedures
- Examine financial accounts and records and prepare income tax returns from accounting records
- Analyze financial statements and reports and provide financial, business and tax advice
- May act as a trustee in bankruptcy proceedings
- May supervise and train articling students, other accountants or administrative technicians.
Also Known As
- accountant
- chief accountant
- financial auditor
- income tax expert
- industrial accountant
Employment Requirements
Chartered Professional Accountants (CPA) require a university degree; completion of the CPA certification program; several months of practical experience; and to be registered with a regulatory body (i.e. CPA New Brunswick). The CPA profession is provincially legislated.
- Licensing by the provincial or territorial governing body (i.e. CPA New Brunswick) is required for CPAs practicing public accounting. The requirements to practice public accounting differ across provinces. Depending on the provinces where CPAs provide their services, licensing in multiple provinces may be required. External Auditors may require education, training, and recognition as indicated for Chartered Professional Accountants (CPA) and some experience as an accountant.
- Internal Auditors are regulated by the Institute of Internal Auditors.
- To act as a trustee in bankruptcy proceedings, auditors and accountants may require a license as a trustee in bankruptcy.
Provincial Regulation
- Provincially Regulated: Yes
Regulation Body
The following graph shows the percentage of men and women working in this occupation in New Brunswick.
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The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.
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The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.
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The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.
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The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.
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Economic Regions
The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.
The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.
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Economic Regions
The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.
The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.
The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.
The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).
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