Private practice accountant

Private practice accountants prepare accounts and tax returns for businesses and individuals.


Typical Salary

£25,000 – £60,000

per year

Working Hours

37–39

hours per week

Career Area

Chartered and certified accountants

View related courses

Day-to-day tasks

As a private practice accountant, you'll:

  • prepare financial statements, business plans and budget reports
  •  produce accounts and financial forecasts
  •  audit books of accounts and check inventories
  •  manage clients’ spending and costs
  •  file tax returns and give financial advice
  •  investigate fraud - forensic accounting

Skills needed

  • knowledge of economics and accounting
  • maths knowledge
  • to be thorough and pay attention to detail
  • administration skills
  • analytical thinking skills
  • the ability to work well with others
  • ambition and a desire to succeed
  • excellent verbal communication skills
  • to have a thorough understanding of computer systems and applications

How to get into this role

You can get into this job through:

  • a university course
  • an apprenticeship
  • working towards this role
  • training with a professional body

Career progression

With experience, you could specialise in an area like auditing or forensic accounting, or become a manager in a practice. From there, you could move into a partnership or become a finance director.

You might also become a self-employed consultant or set up your own company.

You could pass on your skills and knowledge through teaching in higher or further education.