Bookkeeping vs. Accounting: What's the Difference?

The distinctions between accounting and bookkeeping are subtle yet essential. Bookkeepers record a business's day-to-day financial transactions. Accountants focus more on the big picture. The two careers are similar, and accountants and bookkeepers often work side by side. These careers require many of the same skills and attributes. However, significant differences exist, like the work conducted in each career and the skills needed to be successful. The following analysis compares the education requirements, skills required, typical salaries, and job outlooks for accounting and bookkeepers.

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