Central European Business Review 2016, 5(2):47-56 | DOI: 10.18267/j.cebr.151

The Role of Accountant in the Estonian Enterprise

Ergo Ottoson¹, Monika Nikitina-Kalamae², Natalja Gurvitš³

¹ Ergo Ottoson, Practitioner, Graduated MA Student, Tallinn University of Technology, Akadeemia tee 3, 12618 Tallinn, Estonia, ergo.ottoson@mail.ee

² Monika Nikitina-Kalamae, Lecturer of Financial Accounting, Tallinn University of Technology, Akadeemia tee 3, 12618 Tallinn, Estonia, monika.nikitina-kalamae@ttu.ee

³ Dr. Natalja Gurvitš, Associate Professor of Financial Accounting, Tallinn University of Technology, Akadeemia tee 3, 12618 Tallinn, Estonia, natalja.gurvits@ttu.ee

Recent developments and changes in the modern economy as well as falls and rises of large corporations have brought up the public interest towards the accounting discipline, and have resulted in a growing demand for accountant specialists as educated professionals. The aim of the present research is to find out what is the role of the accountant in the modern enterprise. The authors conducted a survey among Estonian accounting specialists and managers. The results of the survey clearly indicate that in most Estonian companies, accountants are actively assisting members of the board to make vital decisions, and their competence, knowledge and skills are highly valued by managers. The findings of the survey emphasize that Estonian accountants are highly qualified, keeping in line with the latest developments in the modern financial world.

Keywords: accountant; accountant competencies; accountant tasks; accountant responsibilities; accountant's role

JEL classification: M41

Received: February 3, 2016; Revised: May 15, 2016; Published: June 30, 2016  Show citation