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Accounting Technician

Competency-Based Apprenticeship
Sponsoring Company:
Mercuria Energy Trading
O*Net Code
Rapids Code
Req. Hours
Jul 16, 2021
Jul 16, 2021

Competency-Based Skills

4 skill sets | 12 total skills
Accounting Practices
Comprehend elements of the accounting cycle.
Evaluate, analyze and apply generally accepted accounting principles and concepts.
Classify and perform comparative analyses of financial statements.
Comprehend basic managerial accounting concepts and theory utilized by managerial personnel in making business decisions.
Recognize the potential accounting issues involved in many common business transactions and devise acceptable alternative solutions to them.
Financial Statements
Explain the ten elements of business financial statements.
Construct acceptably-formatted financial statements.
Explain the interrelationship among the four required financial statements.
Formulate criteria for proper classification and recording of energy costs.
Cost Analysis
Evaluate production systems to determine and apply proper costing system procedures for various types of manufacturers.
Analyze variances from standard cost and determine causes for variances.
General Operations
Effectively interface with others outside of the department to include but not be limited to, Legal, Tax, Credit, Trade Finance.

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