Accountant in 3300: Writing is invented for accounting · 295

What does an accountant actually do? Accountants record, summarize and verify financial information. The work splits into strands: financial accounting produces the statements outsiders rely on; management accounting produces the costs and budgets managers steer by; auditors independently check other people's figures; tax accountants compute and defend what is owed. Much of the day is reconciling — making two independent records of the same money agree.

What is the difference between an accountant and a bookkeeper? A bookkeeper records transactions as they happen — invoices, payments, payroll. An accountant works a level up: adjusting and closing the books, producing financial statements, interpreting them, filing tax and, where licensed, signing opinions a bookkeeper legally cannot. The boundary is blurring as software takes over the recording, pushing bookkeepers toward advisory work and accountants toward review.

Do you need a university degree to become an accountant? Usually, but less universally than people assume. A US CPA license requires 150 college credit hours in most states, though several states began accepting 120 hours plus extra experience from 2024–25. UK firms hire school-leavers into paid apprenticeships leading to chartered status, the ACCA qualification is open-entry, and India's chartered accountancy course can begin straight from secondary school.