Bookkeeper vs certified public accountant (CPA)

🔒 Step 8 - Accounting

Bookkeeper vs certified public accountant (CPA)

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Course description

Understanding the roles of CPAs and bookkeepers is essential for business success. This lesson will clarify the differences and explain why most businesses need both.

KEY TAKEAWAYS

  1. A bookkeeper manages daily financial transactions, reconciles accounts, and prepares basic financial reports.

  2. A CPA relies on accurate bookkeeping to perform higher-level financial analysis and suggest beneficial tax strategies.

  3. Both roles are crucial; bookkeepers ensure accurate records, while CPAs provide strategic financial and tax advice.

Resources

Bookkeeper vs certified public accountant (CPA) Transcript

🔒 Step 8 - Accounting > Bookkeeper vs certified public accountant (CPA)