Distinction between Book-keeping and Accounting :
In general the following are the differences between book-keeping and accounting.
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Sl. NO |
Basis of Distinction | Book-keeping | Accounting |
| 1 | Scope | Recording and maintenance of books of accounts. | It is not only recording and maintenance of books of accounts but also includes analysis, interpreting and communicating the information. |
| 2 | Stage | Primary stage. | Secondary stage. |
| 3 | Objective | To maintain systematic records of business transactions. | To ascertain the net result of the business operation. |
| 4 | Nature | Often routine and clerical in nature. | Analytical and executive in nature. |
| 5 | Responsibility | A book-keeper is responsible for recording business transactions. | An accountant is also responsible for the work of a book-keeper. |
| 6 | Supervision | The book-keeper does not supervise and check the work of an Accountant. | An accountant supervises and checks the work of the book-keeper. |
| 7 | Staff involved | Work is done by the junior staff of the organisation. | Senior staff performs the accounting work. |