Austrian Accountant

 An accountant in Austria is known as a Steuerberater if he is a tax advisor or a Wirtschaftsprüfer if he is a certified public accountant in Austria. Other related professions are management accountants, commercial accountants or payroll accountants. Their profession is mainly that of a tax consultant. Accountants in Austria usually work either in accountancy firms or independently. Austrian accountants must not break the rules of the Public Accountants’ Statute of Professional Practice. Most important is that accountants in Austria do not break the law that regulates the accountancy profession. This refers to the Management Accountancy Law or Bilanzbuchhaltungsgesetz from 2006. Another legal foundation for financial accounting is the Austrian Commercial Code.

Admission 

A candidate for accountant in Austria must go to training classes in order to pass the admission exams for an accounting profession, whether it is a certified public accountant, a tax advisor or another type of accountant in Austria. In order to obtain a position in accounting, a candidate must make proof of having completed a degree or course of study in finance. Generally, employers in Austria prefer the studies in business management or political management degrees. One has the possibility to be hired as an accountant in an Austrian firm before finishing the degree and be promoted after completing his studies. As a matter of fact, no license or certificate is required in order to obtain an accounting position in Austria.

Activities

Austrian accountants generally provide tax advice. Accountants in Austria closely cooperate with lawyers. An accountant in Austria is also able to carry out tax audits. However, only certified auditors may deal with certain types of audits, such as financial statements of stock corporations. Services provided by an accountant in Austria also include bookkeeping, controlling and payroll, as well as recording the budget, annual accounts and the balance sheet. An accountant in Austria can also be hired by a company to audit financial reports and to publish them in the official gazette of the Wiener Zeitung newspaper. Accountants in Austria can also deal with the submission of annual accounts of companies with the regional civil court and with the commercial register. 

BridgeWest offers Company Registration in Austria