Bookkeepers and accountants work on different aspects of financial statements.
Bookkeepers’ duties include using software and spreadsheets to record information about transactions, spending, cash flow, income and other finance-related data. They enter numbers into the system, but they do not analyze them beyond verifying their correctness.
As a bookkeeper, you might create financial reports such as balance sheets for nonpublic companies. However, you will typically work with raw financial data and not offer insights into compliance or performance.
An accountant’s duties include verifying that financial records comply with relevant regulations and standards. In this career, you might also complete tax returns, assess budget performance and financial operations, and work on financial risk management.
Some accountants spend their workdays assessing financial transactions and records to find areas to cut costs, increase income and improve profit margins.