Accounting roles in an organization

Accounting is a field of opportunities. Accounting jobs can be categorized into four different categories

1. Bookkeeper
2.Accounting Clerk
3.Accountant
4.Certified professional Accountant/ Qualified Accountant

1. Bookkeeper

Bookkeeper handles day to day routine activities, just like recording of payments, collections, payroll processing, expenses claims and other journal entry recording.

2. Accounting Clerk

Role of accounting clerk is more narrow focused than the bookkeeper. A bookkeeper handles financial activities of different nature, but accounting clerk is hired for a particular area like accounts payable, accounts receivable, expenses claims etc

3. Accountant

Accountant is a key person in an organization who prepares financial statements and manage the team of accounting clerks and bookkeepers. He is expected to perform a lot of functions along with daily routine financial activities. He should have knowledge of other organizational functions such as marketing, production, operations and admin to interlink the reasonableness of numbers coming from commercial operations.

4. Certified Public Accountant/ Qualified Accountant

CPA sit for the exam based on International Accounting Standards. His role is bigger than the normal accountant in terms of responsibility and designation. He is required to view the things from global perspective besides having grip over the numbers. With increasing international level complexities in businesses, qualified accountant brings the knowledge of standards followed by the majority of accountants in world.