Difference Between Bookkeeping & Accounting - PowerPoint PPT Presentation

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Difference Between Bookkeeping & Accounting

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  1. Difference Between Bookkeeping & Accounting

  2. Bookkeeping Bookkeeping handles all of the accounting needs of a company, including the preparation of financial statements. Without bookkeeping services, it is not possible to make all the records confidential.

  3. Accounting Accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing financial data. It uses bookkeeping to analyze and interpret the data.

  4. Bookkeeping services don’t require any special skill set for the preparation of any special financial statements.

  5. Bookkeepers are required to be very dedicated and must know about every financial topic. • On the other hand, accountants don’t need to have that much knowledge they can get CPA title with a little amount of knowledge.

  6. Hit The Link Below For More Information: https://cbaccounting.net/