Why your business needs an Accountant vs. Bookkeeper

One main difference between a bookkeeper and an accountant is that an accountant can do more than just record financial transactions. Unlike a bookkeeper who is primarily concerned with recording transactions, an accountant can analyze, interpret, prepare financial reports, and be a strategic financial advisor and assist business owners improve business performance.

Furthermore, accountants typically have more formal education such as a bachelor’s degree in accounting or higher, and bookkeepers may have an associate degree or just a high school diploma.