What is the difference between a bookkeeper, accountant, and CPA?
Both Certified Public Accountants (CPAs) and bookkeepers are accounting professionals. In the context of CPA vs bookkeeper, the primary difference between the two lies in their job responsibilities, salary, and professional stature. While a CPA’s key role is to provide financial advice, a bookkeeper is mainly responsible for maintaining an organized record of all financial transactions.
A bookkeeper keeps a history of every financial transaction in the accounting books. A CPA analyzes these books and offers appropriate financial advice. Thus, a bookkeeper and CPA complement each other to ensure that a company maintains a sound financial position in the long run.