23 tasks, each one witnessed by the sources that watched the job — and behind every one, a prompt you can use tonight.
You’ll start by checking bank feeds and invoices — often in QuickBooks or Excel — then process payments and post adjusting journal entries for the prior day. Expect blocks of time for transaction testing, reconciling accounts, and reviewing expense reports or vendor bills.
Afternoons usually go to forecasts, preparing budget updates, or pulling numbers for management reports in Excel or Google Sheets. Once or twice a week you might run audits, review taxpayer accounts, or meet with operations to check controls and identify operational risk.
Start with Excel. You’ll use it daily for reconciliation, budgets, forecasts, and preparing financial statements. Learn pivot tables, VLOOKUP/XLOOKUP, and basic macros — those save hours.
Next, learn QuickBooks (or your firm’s accounting package) because you’ll post invoices, process payments, and prepare tax returns there. Alteryx is useful later for automating data prep and audit sampling, but only after you know the accounting flow.
Use AI for repetitive tasks like summarizing findings, drafting audit reports, or extracting data from PDFs (Adobe Acrobat + AI OCR). Always treat AI output as a first draft: verify every number against source systems (QuickBooks, bank statements, Excel).
Never upload confidential client files to public AI without permission. Keep a clear audit trail: note which data was checked manually, which was automated, and any adjustments you made.
A corporate accountant manages the ongoing books: processing invoices, posting journal entries, budgeting, and preparing internal financial reports for management. They also run internal audits and check compliance as part of day-to-day controls.
An external auditor independently examines financial statements for fairness and issues audit reports. A tax preparer focuses mostly on calculating taxes and filing returns. In practice a corporate accountant often wears all three hats in smaller companies.
Practice accuracy with basic math and percentages: reconciliations require matching thousands of cents across bank statements and ledgers. Aim for fewer than one error per 1,000 entries when you practice.
Also get comfortable with timing and sequencing — month-end close steps and which adjusting journal entries (accruals, prepayments) go in which period. Time yourself closing a mock month in Excel and QuickBooks.
You will likely prepare tax returns and calculate taxes owed, especially in smaller companies or accounting teams. That includes tax-related advice tied to current legislation and filing paperwork, often using TurboTax or tax modules in QuickBooks.
On-site audits happen sometimes: reviewing taxpayer accounts, conducting pre-implementation audits, or checking compliance and internal processes at other locations. Expect a mix of desk work (Excel, Google Sheets) and occasional field visits.