2007-03-18 05:14:36 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Duncan sums it up pretty nicely. An accountant has much more responsibility than a bookkeeper. Typically, a bookkeeper will need to report "up" to an accountant. Also, bookkeepers generally don't prepare financial statements, budgets, tax returns, etc. You don't need any type of degree to be a bookkeeper, but most firms expect that their accountants will have at least a 4 year degree in accounting, economics or finance.
2007-03-18 05:29:56 · answer #1 · answered by SuzeY 5 · 0⤊ 0⤋
Bookkeeping primarily consists of recording information into various categories of income, expense, liabilities and assets.
The accountant prepares reports from these bookkeeping records. These reports reveal the status of the business at a given point in time, such as the balance sheet for a given date; together with the operating results for a given period of time, such as a month or year.
2007-03-18 05:58:59 · answer #2 · answered by Latigo 3 · 0⤊ 0⤋
bookkeeping is to accounting as arithmetic is to mathematics. A bookkeeper looks after the day to day ledger entries while an accountant plots big picture stuff as well. Record keeping vs financial management.
2007-03-18 05:25:30 · answer #3 · answered by Duncan w ™ ® 7 · 0⤊ 0⤋