The difference between bookkeepers and accountants is not immediately apparent; there`s a bit of overlap between the two. Both are involved in keeping track of a company`s financial dealings, including all transactions and transfer of assets.
Bookkeeping simply implies the recording and reporting of all the day-to-day financial operations of an organization. While a bookkeeper should have a solid grasp of math and economics, there is very little regulation about what kind of education or certification is necessary to do the work. A bookkeeper needs only be organized and diligent about keeping all financial records in order and up to date.
An accountant, on the other hand, will have both education and certification in the profession. Whereas a bookkeeper is more in line with a data entry position in a company, an accountant would be in charge of supervising and directing the bookkeepers, establishing and maintaining the system that they use to govern their data, and analyzing that data and reporting it to the managing entities of the company.
At its core, a bookkeepers job is fairly straightforward, involved almost entirely with managing and sorting data. An accountant is responsible for handling the accounting system used by the bookkeepers, and interpreting the data that gets put into that system with regards to the overall financial situation of the company, and relating that information to whomever is in need of it.
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