Accountant in Practice Career in South Africa
Explore the official OFO occupation, common tasks, specialisations and approved South African qualification pathways.
Occupation overview
Produces, prepares and analyses financial statements in support of a businesses as a going concern and provides advisory services in this regard.
What does a Accountant in Practice do?
An Accountant in Practice prepares and analyses financial statements so that a business can understand its financial position and continue operating as a going concern. The role also involves using financial information to provide advisory services and support business-related decisions.
How to become a Accountant in Practice in South Africa
- Strengthen your foundation in accounting, mathematics and business-related subjects at school.
- Investigate the Post-graduate Diploma: Professional Accountant in Practice, listed at NQF level 8 with 240 credits, as a relevant further-study option.
- Confirm the qualification’s current status, admission requirements and availability with SAQA and an accredited provider.
- Develop the ability to interpret financial statements clearly and communicate accounting-based advice to business clients or decision-makers.
- Verify the current professional, employer and practice requirements that may apply to the type of accounting work you want to pursue.
Edupstairs Preparation Guidance
A relevant further-study option is the Post-graduate Diploma: Professional Accountant in Practice. This qualification should not automatically be treated as a universal entry requirement; confirm the pathway that applies to your intended area of practice. Building strong financial analysis, reporting and advisory abilities will help you prepare for the work.
Useful school subjects
- Accounting
- Mathematics
- Mathematical Literacy
- Business Studies
- Economics
- English
Skills that may help
- Preparing and analysing financial statements
- Financial and numerical analysis
- Advisory and problem-solving skills
- Attention to detail
- Clear written and verbal communication
- Understanding business financial information