What Is An Accountant?
Accountants are bookkeepers on steroids! They apply wider, more sophisticated concepts (accrual accounting) to the more simple components of bookkeeping (cash basis accounting). They understand the rules and regulations of accounting and are often Certified Public Accountants (CPA). Accountants understand the importance of workflows, consistency in reporting, and creating a level of predictability within a company’s data.
Further, accountants dig into how the business runs its operations to define what is appropriate in its financial records. Compared to the simple art of bookkeeping, accountants level up the rigor of your procedures and hence the credibility of your numbers. To learn more about the specific responsibilities of an accountant and how they compare to a bookkeeper, read, “Do You Need a Bookkeeper or an Accountant?“