Can Bookkeepers Call Themselves Accountants?Īn accountant typically has a degree and relevant work experience, however, there is no formal certification process for becoming an accountant. Properly assessing data and advising management.īeing able to generate the standard business reports and statements required by businesses and the IRS.īeing up to date on government regulations and ensuring the company is following industry standards. For instance, a bookkeeper might recommend the software for a double entry system of accounting, but the accountant would approve it. Overseeing how data is stored, managed and updated. The duties of an accountant can be broken down into four areas: Ensure bookkeeping adheres to accounting best practices and government regulations.Ī bookkeeper also has a duty to keep the information he processes confidential, as he will be privy to sensitive financial information, including payroll salaries.
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