Q. The differences between Book Keeping and Accounting
The differences between Book Keeping and Accounting S.N. Book Keeping Accounting 1. It only covers the recording of accounting procedures. It covers the accounting procedures. 2. Before doing accounting procedures, book keeping should be recorded. Accounting begins after the accounting records are completed. 3. Its main objective is to keep scientific records of financial transactions . Its main objective is to show the results and efficiency of financial transactions. 4. Book Keeping is recorded through co-accountant. Accounting records are kept by the chief accountant. 5. It does not require any special skills. This requires a special type of ability. 6. No special knowledge is required for book keeping. It requires a special type of knowledge.