Ah, finances and its … bookkeepers? Accountants? CPAs? They all sound relatively the same and all share an industry that involves money and numbers, so they’re all the same, right?
Wrong. Well, kinda. Sorta. If this were Facebook, we’d say ‘It’s complicated.’
Not every bookkeeper is an accountant – though every accountant is technically qualified to be a bookkeeper – and while both need to be sticklers for accuracy and knowledgeable about key financial topics, the main difference between a bookkeeper and an accountant is that an accountant has a bachelor’s degree in accounting or similar.
Clear as mud, right? Right.
So here, we’re hoping to demystify each so you know which one is right for your business.