Who is needed for a business - an accountant or auditor
Frequently we get a question That's accountant And auditor is same or not. These two occupations are alike but there are a number of noticeable distinction between being an accountant and an auditor. An accountant maintains the daily financial Transactions of a business enterprise. His responsibilities is to take charge of their payrolls and tax obligations, paying vendors, executing cash, check and prepare tax returns and also reconciling the ledger books in the fiscal year ends. For instance, accountant Thessaloniki performs activities of an accountant into the companies which need their service. Auditor generally performs same jobs as of accountant however he has some additional works too.
How Accountant is different from auditor Accountant is usually the employee of a Business whereas the auditor functions for many concerns to verify the accuracy of accountant's work. The auditor does not have any financial link between them and the λογιστικό γραφείο Θεσσαλονίκη company other than cross assessing during submitting tax returns.
The accountant works on the daily basis to The business whereas the auditors are hired from out just through the end of fiscal year either yearly or quarterly based on the business tax return submission. The accountant function is governed by the Global accounting standards while the auditors work is governed by the auditing criteria. Accountant are need to for conducting a business and understanding about the profit earned while hiring an auditor is optional as accountant most completes the job of auditor.
Some Accountants make the Organization's fiscal Statement in this year end. Statement of the company. An auditor will seem over how the accountant work on The Educational eligibility for both differs but it will be an appreciating Travel for those people who love working with the numbers.