What’s the Difference between Accountant and Bookkeeper?
The terms Accountant and Bookkeeper often creates confusion for some people, especially those who have no background in accounting. What distinguishes the two? The following explanation:
Accounting is the process of recording, classifying, summarizing, processing and providing transaction data and information related to finance. Thus the information presented can be used for decision making or other purposes.
Then the book keeper or bookkeeping more emphasis on analysis activities. Bookkeeper activities are limited to recording transactions. While in accounting, accountants do the analysis and then make decisions.
Then who uses the financial information created by the accountant? There are 2 parties who can take advantage of the financial statements, namely internal and external parties.
Internal parties are parties within the organization. Where management is the party most in need of proper and accurate financial statements in order to make the right decisions as well. For example the top leadership who needs financial statements to see the company’s financial position to determine whether to buy a new machine or not.
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