Accounting and bookkeeping differences

Accounting
Tutor: None Selected Time limit: 1 Day

  1. Is there a difference between bookkeeping and accounting? Discuss.
Nov 3rd, 2014

The bookkeeper role is broad-based, with one person typically handling all of the accounting transactions for a small business. The bookkeeper tends to be very experienced, but is more likely to be lacking in formal accounting training. A bookkeeper with a great deal of responsibility may be referred to as a full-charge bookkeeper. Conversely, the accountant is more likely to work exclusively on a specific area, such as fixed assets or the general ledger, and is more likely to have formal training in the accounting function

Nov 3rd, 2014

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Nov 3rd, 2014
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Nov 3rd, 2014
Mar 23rd, 2017
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