A career in business accounting can be highly rewarding and stable, but success in this field requires more than just a head for numbers. Aspiring accountants often ask questions like “What skills are needed for accounting?” The answer is that a good accountant needs a blend of strong technical knowledge and well-honed soft skills to manage financial data and communicate effectively.
In this blog, we’ll break down the top skills needed, from the hard skills you should highlight on a resume to the personal qualities that make an accountant effective.
Technical skills, also known as hard skills, are the job-specific abilities and knowledge that every accountant should have. These are typically learned through education, certification, or on-the-job training. Below is a structured list of key technical skills needed in business accounting, along with why each skill is important:
Technical Skill | Why It’s Important |
Accounting Principles & Financial Reporting | Understanding and applying standard principles (like GAAP/IFRS) ensures consistency in financial reporting. It also involves the ability to prepare accurate financial statements that reflect a company’s financial health. |
Regulatory Compliance & Ethics | Familiarity with financial regulations (e.g., SEC rules, tax laws) is crucial to keep a business compliant and avoid legal penalties. |
Business Acumen General Business Knowledge | A broad understanding of how businesses operate (sales, marketing, operations) helps accountants put financial data in context. This helps accountants see the big picture and align finances with business goals. |
Software Proficiency Excel, QuickBooks, ERP | Proficiency in spreadsheet software like Microsoft Excel is essential for organizing and analyzing data. Knowledge of accounting software (e.g., QuickBooks) and ERP systems is important for managing ledgers, payroll, invoicing, and financial statements. |
Data Analysis & Reporting | These skills help in identifying trends, spotting discrepancies, and making forecasts. |
Pro Tip: When listing technical skills on your resume, be specific. Instead of mentioning “Skilled in Accounting Software”, mention the name of the accounting software you’ve used (QuickBooks, SAP, Oracle, etc.) and any certifications (like CPA, Certified Management Accountant (CMA), or software-specific credentials) you hold. This shows employers you have verifiable expertise.
Success in accounting isn’t just about debits and credits – it also depends on how you work and interact with others. Soft skills are personal attributes and interpersonal skills that enable you to work effectively in a team and handle the challenges of the job. Here are some top soft skills that make a good accountant:
Soft Skill | Why It Matters in Accounting |
Attention to Detail | Being detail-oriented means you carefully check every invoice, entry, and report because accounting is a field where a single mistake can have big consequences. |
Critical Thinking & Problem-Solving | Strong critical thinking lets you evaluate situations from all angles, while problem-solving is the ability to devise and implement fixes for financial issues. Together, these skills help you troubleshoot discrepancies and improve processes efficiently. |
Effective Communication | Accountants need to communicate different aspects, from explaining financial reports to management, to discussing budgets with department heads, or even talking with clients and vendors. |
Organization & Time Management | Being organized and managing time well allows you to prioritize work and meet all obligations. These skills help prevent last-minute scrambles and ensure nothing falls through the cracks. |
Integrity and Ethics | Adhering to ethical standards and maintaining confidentiality builds trust. Integrity is non-negotiable in this role. |
Leadership | Accountants are often required to lead projects and may guide junior staff. Good leadership in accounting can involve mentoring a co-worker, taking initiative to solve a problem, and being accountable. |
In today’s tech-driven workplace, accounting professionals must be comfortable with various software tools and should consider certifications to boost credibility. Here are a few important tools and credentials:
As for the certifications, usually employers don’t ask for credentials for entry-level roles; however, obtaining professional credentials like CPA (Certified Public Accountant) can greatly enhance your career prospects.
If you’re ready to take the next step toward a rewarding career in business accounting, building both your technical and soft skills is essential. The quickest and most effective way to do this is through a comprehensive, career-focused program that combines classroom instruction, hands-on practice, and personalized support.
CCI Training Center Business and Accounting Program is expertly designed to equip you with the exact skills top employers seek—from solid fundamentals to the advanced tools and strategies needed in today’s workforce.
Knowing the right skills is one thing, but effectively highlighting these skills on your resume is another. Hiring managers and Applicant Tracking Systems (ATS) will be looking for both the technical keywords and evidence of soft skills. Here are some tips and examples for showcasing your accounting skills on a resume:
When describing your experience, weave in soft skills subtly. For example, “led a project…” implies leadership, or “trained new team members” suggests communication and mentorship.
Building a successful career in business accounting is about much more than mastering numbers. As this guide highlights, the ideal accountant brings together essential technical expertise and the soft skills that drive workplace effectiveness and leadership. The combination of these abilities makes accountants valuable, adaptable, and ready to grow in a rapidly changing professional landscape.
This article is written by
Share this article
Both technical (hard) and soft skills are required for accountants, including accounting principles, financial reporting, regulatory compliance, business acumen, software proficiency (Excel, QuickBooks, ERP), data analysis, attention to detail, communication, organization, integrity, and leadership.
Specific technical skills (e.g., financial reporting, QuickBooks, Excel), soft skills (e.g., attention to detail, communication), and relevant certifications.
Understanding accounting principles, financial reporting, compliance, and how business operations affect finances.
This article is written by
Share this article