Public Accounting, also known as governmental accounting or federal accounting, refers to the type of accounting information system used in the public sector. Chartered Accountants working as public accountants help to implement spending at the local, regional and national level, ensuring that tax payers are receiving value for money from service providers and spending money in the best way possible.

General responsibilities can include preparing and verifying financial documents, analysing budgets and planning finances. Public accountants give advice and provide financial information to a range of clients, from individuals to corporations to help improve public services.

Why public accounting could be the right fit for you

The public sector could be a great place to work if you have a passion and interest in society and your community. A career in the public sector could provide you with the opportunity to make decisions that ensure the best use of public money and have an immediate, positive impact on society.

Who can you work for?

Working in the public sector can offer many career options. You could work within the finance team of a school, health services or local council, supporting the management of day-to-day financial activity. Or a regional organisation, a national body or government department offering broader analysis of financial trends and supporting the creation of policies and legislation.

Key skills:

• Communication
• Numerical
• Time management
• Analytical thinking
• Interpersonal
• Social responsibility
• Team work
• Planning
• Innovation

*These figures are taken from the 2017 Chartered Accountants ANZ Remuneration survey of 176 accountants in the Public Sector with 1-4 years' experience in Australia and New Zealand.