{"id":1867,"date":"2022-11-10T13:00:00","date_gmt":"2022-11-10T18:00:00","guid":{"rendered":"https:\/\/theforage.wpengine.com\/?p=1867"},"modified":"2024-07-23T13:03:50","modified_gmt":"2024-07-23T17:03:50","slug":"accounting-skills","status":"publish","type":"post","link":"https:\/\/theforage.wpengine.com\/skills\/accounting-skills","title":{"rendered":"Top Accounting Skills for Your Resume"},"content":{"rendered":"\n

Essential accounting skills include strong attention to detail and an understanding of financial statements. When writing your accounting resume, skills should be a priority: you want to convey an in-depth knowledge of accounting principles and proven reliability and adaptability. But, what skills do you need for accounting resumes? Read on to find out!<\/p>\n\n\n\n

Must-Have Skill for Accountants: GAAP<\/h2>\n\n\n\n

“GAAP” stands for generally accepted accounting principles<\/a> \u2014 these are the guidelines that all public accountants in the United States must follow. Specifically, GAAP principles are the rules, regulations, and standards surrounding the world of public financial reporting. <\/p>\n\n\n\n

Understanding the principles of GAAP is one of the most crucial skills needed for accounting careers. While mastery of GAAP is a requirement for certified public accountants<\/a> (CPAs) and auditors<\/a>, many private companies also adhere to GAAP standards. GAAP helps keep accountancy transparent, standardized, and consistent, and ensures the accurate comparison of accounting data between companies. <\/p>\n\n\n\n

The three main parts of GAAP are:<\/p>\n\n\n\n