There is a slight difference between bookkeeping and accounting. Bookkeeping is responsible for the recording of financial transactions. Whileaccounting is responsible for interpreting, classifying, analyzing, reporting and summarizing financial data. By taking a few accounting courses and developing a basic understanding of accounting, will qualify you for a job in bookkeeping. To work in accounting, you must have at least a bachelor’s degree to become an accountant or, for a higher level of expertise, you can become a certified public accountant.
If I were interested in a career in financial services, I would opt for the accountant profession. According to US News, “The Bureau of Labor Statistics pQuestion
Discuss the following:
How do different business combinations affect cash flow?
Write a summary of no more than 150 words. References and citations are required (word count not included with the 150 words)
rojects that 166,700 new accounting and auditing jobs will open up by 2022. This equates to a 13.1 percent job growth rate, which is about as fast as the average for all professions.”Salary is also a determining factor.The Bureau of Labor Statics states the median income for accountants is $65,080.