Besides generally enunciated qualities for any employee anywhere, the professional competence in the field of accounting requires certain abilities.
- A good grasp of the economic environment and understanding of the trends;
- Capability for forecasting economic activities, together with working knowledge of requisite mathematical and statistical methodologies and of operations research;
- Knowledge on the firm's history;
- Recognition of the worth and value of alternative courses of action on which funds can be employed;
- Capability to project and forecast funds movements - both procurement and demands;
- Knowledge on the best services of finance to result in greatest values for the firm;
- Capabilities in capital budgeting;
- An appropriate, alert and analytically mind to go with the above abilities; and
- Readiness and capability to adopt upcoming trends, and financial capabilities of computational equipment.
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