Question

give difference between book keeping and accounting on the basis of stage special skills and nature of job​

Answer 1

Answer:

Top 8 Differences between Bookkeeping and Accounting

In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.

Answer 2

Book keeping:

• Stage: It is a primary process of accounting.
• Special skills: Special analytical skills aren't required.
• Nature of the job: The job is to be done on routine and is clerical in nature.

Accounting:

• Stage: It is secondary stage of accounting.
• Special skills: The accountant is required to have special analytical skills.
• Nature of the job: This function is analytical in nature.

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