Monday, February 18, 2013

What is Accounting, Accountant, Bookkeeper, and Computer

ACCOUNTING

Accounting - Is the process of Analyzing, Classifying, Recording, Summarizing and Interpreting business transaction in financial or monetary terms.


ACCOUNTANT

Accountant - Takes that information and prepares the financial reports that are used to analyze the company's financial position.


BOOKKEEPER

Bookkeeper - An individual who earns a living by recording the financial activities of a business and who is concerned with the techniques involving the recording of the transactions.


COMPUTER

Computer - Is taking over the acccounting's job of completing financial reports. It is important to understand that the computer is only a tool that is doing the routine bookkeeping operations that previously took days or months to complete.

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