Government Accountant

Hello sir would you please tell me what are the Career Path for Government Accountant? Can you please give me some information about it?

[Shaleen]

Governmental accounting refers to the field of accounting that specifically finds application in the public sector or government and it is an umbrella term which refers to the various accounting systems used by various public sector entities.

Government Accountants are employed at all levels of government, federal, state and local.

At the federal level, they manage public funds, investigate white-collar crime, perform financial statement audits for government agencies and conduct research on emerging accounting issues.

And state and local levels Government Accountants manage use of local revenues, investigate frauds, perform financial, performance and compliance audits and recommend corrective action where needed.

Government Accountants have the important duty of managing the use of federal, state and local taxpayer dollars and they ensure that governmental bodies are transparent, efficient, ethical and responsible in their use of funds.

Eligibility for Government Accountants:
Applicants must have A bachelor’s or master’s degree in accounting, finance or a related field is recommended for government accountants.

Knowledge, Skills and Abilities
It is important to plan and conduct an honest self-assessment of your knowledge, skills and abilities. In particular, employers are looking for:

Knowledge
Fund accounting
Generally Accepted Government Accounting Standards (GAGAS)
Computer systems and applications
Government structure and function
Financial data analysis
Evidence integrity analysis
Compiling information
Eliciting other experts’ assistance
Maintaining documentation
Damage assessment
Tracing illicit funds
Locating hidden assets
Due diligence reviews
Forensic intelligence gathering

Skills
Testifying as an expert witness

Abilities
Analytical
Interpersonal communication
Written communication
Verbal communication
Independence