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21 September, 07:53

What's the difference between "auditor" and "accountant"

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  1. 21 September, 08:40
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    Answer: An auditor determines if the information has been recorded correctly. An accountant is the one who records the transactions.

    Explanation:

    All large businesses and companies have several accountants on hand. They enter all transactions, classify the accounts, will summarize the transactions that have been made for the entire company, business, or person.

    An auditor usually is hired to come in bi-annually or annually to check a financial records and make sure that they are correct. They will cross check each transaction with the accountants entries to ensure the books are correct.
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