What's the difference between bookkeeping and accounting?

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Hi, I'm getting a bit confused about the difference between bookkeeping and accounting. What are the main difference?

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Interested because I want to find the correct type of course. I'm very mathematical and like statistics. Just not sure what's the better path to follow.

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Not too sure yet, most likely distance learning or classroom based.

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BA (Hons) Accounting and Financial Management University of Gloucestershire

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This course replaces the two part programme leading to the BA( Hons) Accounting and Financial Management 'Top Up' degree. Students already …

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A Level in Accounting

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A Level Accounting The process of accounting supports businesses in the measuring, monitoring and planning of their operations. People skil…

Logo The BPST Partnershipverified_userVerified provider on Springest
Caroline BarbourThe BPST Partnership

"Bookkeeping essentially stops at producing month end Profit and Loss Statements and Balance Sheets. Normally you will go into the bascis of accounts analysis and ratios but this only scratches the surface of properly analysing a set of accounts. In addition you are not likely to learn about tax other than VAT and Self-Employment income tax.
Accounting, on the other hand explores all aspects of accounts: all types of taxation, all types of financial, management, manufacturing, auditing and analysis of accounts. In addition, accounting also goes into business law, legislation and legal requirements.
In short, Bookkeeping stops at the point before the accountant takes over. For example: a bookkeeper cannot sign off a set of published accounts or audits - only a qualified accountant can do that." - 02-07-2014 13:24

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