Swedish Accountant

The profession of accountants in Sweden is based on the Annual Accounts Act of 1995 and the Book-keeping Act of 1999 which stipulate accounting principles. Moreover, the governmental body called the Swedish Accounting Standards Board also supports and regulates the profession of accountants in Sweden, as well as their professional values. The Swedish Financial Supervisory Authority issues standards required for financial companies in Sweden. The accounting legislation has not been officially translated in English so far. Recently, accountants in Sweden are more and more wanted for finance and accounting jobs, especially if they have a considerable experience. A Swedish accountant must provide numerous services provided that they respect the law.

Admission

It started to become easier for graduates to find jobs in accounting and financing, especially if they can make proof of language skills and of experience from working or studying abroad.  However, a Swedish accountant must have a college or university degree in accounting or finance or work experience in these fields. A financial degree from upper secondary school only gives a Swedish accountant the opportunity to be employed in banks or insurance companies. Higher professional levels require higher qualifications, such as a master degree in accounting in auditing, under the authority if the Swedish Supervisory Board of Public Accountants. Graduates from this master degree can become authorised public accountants in Sweden on the basis of theoretical and practical knowledge gained in school. Furthermore, accountants in Sweden have to register with the Swedish Accountant Association. 

Activities

Swedish accountants have plenty of responsibilities and provide several services. An accountant in Sweden is able to offer advice in financial and economic matters. Other accountants in Sweden deal with book-keeping, financial statements or auditing. Accountants in Sweden issue statements for tax returns. Auditors must check the company annually and provide ideas and perspective on what to do eventually. Auditing can be performed by an accountant in Sweden with the required qualification.

BridgeWest offers company registration in Sweden, including virtual office and other related services.