![]() Often, bookkeepers work with popular online small business accounting software like QuickBooks or others that generate a company’s financial statements. Generally, the main responsibilities of bookkeepers include recording transactions using data entry and ensuring that various business transactions are included correctly in a company’s accounting system. Someone working as a bookkeeper may be less likely to have the CPA credential and may or may not have a degree in accounting or a related discipline. They may have the CPA credential, especially if they work at or run an accounting firm that prepares tax returns and does financial returns for business clients. An accountant will likely have an educational background in accounting or a related field. Generally, but not always, an accountant will be more credentialed than a bookkeeper. That said, here are some key differences between bookkeeping and accounting: Unlike with some areas of medicine or law, there are not always clear lines of responsibility between the two functions. Although they are two separate functions, in some situations, the same individual may do some of both functions. ![]() accounting: 3 key differencesīookkeeping and accounting are closely related in many areas and may even overlap at times. There are educational requirements to sit for the CPA exam and continuing education requirements for accounting professionals that obtain the designation.īookkeeping vs. All CPAs are accountants by education and training, but not all accountants are CPAs. The main certification for an accountant is the CPA of Certified Public Accountant designation. ![]() Typically, accountants have college degrees and certifications.
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