budgetary principles
Principles of estimating and planning of forecasts for business activity, compile regular budget and reports.
Public finance accountants head the treasury department of a governmental institution. They manage the institution's financial administration, expenditure and income generation, and compliance with taxation and other financial legislation. They perform administrative duties to ensure record keeping, develop plans for budget management and perform financial forecasts.
Competences and skills
28 ESCO relationsEssential knowledge 5 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competenceCross-sector
4 competencesaccounting techniques
The techniques of recording and summarising business and financial transactions and analysing, verifying, and reporting the results.
financial forecasting
The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.
public finance
The economic influence of the government, and the workings of government revenue and expenditures.
tax legislation
Tax legislation applicable to a specific area of specialisation, such as import tax, government tax, etc.
Essential skills and competences 7 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencescreate a financial report
Finalise project accounting. Prepare an actual budget, compare the discrepancy between the planned and actual budget, and draw final conclusions.
inspect government incomes
Inspect the resources available to a national or local government organisation, such as tax incomes, to ensure that the incomes are compliant with the income expectations, that no faults are being made and no suspicious activity is present in the handling of government finances.
Cross-sector
5 competencesconduct financial audits
Evaluate and monitor the financial health, the operations and financial movements expressed in the financial statements of the company. Revise the financial records to ensure stewardship and governability.
control financial resources
Monitor and control budgets and financial resources providing capable stewardship in company management.
develop account strategy
Create the strategic goals and actions for future interaction with an account for the organisation.
inspect government expenditures
Inspect the financial procedures of a government organisation which deals with budget and resource allocation and spending to ensure that no faults are being made and no suspicious activity occurs in the handling of financial accounts, and that the expenditures are compliant with financial needs and forecasts.
monitor financial accounts
Handle financial administration of your department, keep the costs down to only necessary expenses and maximise the revenues of your organisation.
Optional knowledge 6 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencepublic administration
The field where policy acts to pursue the improvement of public goods and produce beneficial changes in societies. Includes the set of public entities and bodies that serve the public interest, within the framework of local, regional, or state government.
Cross-sector
5 competencesbookkeeping regulations
The methods and regulations involved in the process of accurate bookkeeping.
civil law
The legal rules and their applications used in disputes between different parties.
debt classification
The different classifications of debt such as public and publicly guaranteed debt, private non-guaranteed credits, central bank deposits, etc.
debt systems
The processes needed to obtain goods or services before payment and when a sum of money is owed or overdue.
public law
The part of law which governs relationships between individuals and the government, and the relationships between individuals which concern society directly.
Optional skills and competences 10 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencemanage administrative systems
Ensure administrative systems, processes and databases are efficient and well managed and give the sound basis to work together with the administrative officer/staff/professional.
Cross-sector
9 competencesadvise on public finance
Advise public organisations such as governmental organisations on their financial operations and procedures, to ensure optimal efficiency.
calculate tax
Calculate the taxes which have to be paid by an individual or organisation, or paid back by a governmental institution, compliant with specific legislation.
comply with legal regulations
Ensure you are properly informed of the legal regulations that govern a specific activity and adhere to its rules, policies and laws.
ensure cross-department cooperation
Guarantee communication and cooperation with all the entities and teams in a given organisation, according to the company strategy.
handle financial transactions
Administer currencies, financial exchange activities, deposits as well as company and voucher payments. Prepare and manage guest accounts and take payments by cash, credit card and debit card.
manage accounts
Manage the accounts and financial activities of an organisation, supervising that all the documents are correctly maintained, that all the information and calculations are correct, and that proper decisions are being made.
manage budgets
Plan, monitor, report on the budget and prepare set production budgets.
manage financial risk
Predict and manage financial risks, and identify procedures to avoid or minimise their impact.
manage staff
Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.