Accounting is a process of recording, summarizing, presenting, and interpreting a business’s economic activities to help better decision-making.  

So, an Accountant is a person who possesses knowledge, experience, and expertise to record, summarize, present and interpret financial information of a business, helps a business grow, and assists better decision making. 

The term accountant and bookkeeper are often used interchangeably and may lead to misunderstanding. Bookkeeping serves as a seed and acts like roots for the whole tree of accounting, but accounting is more than just bookkeeping.  

The first two steps of accounting, 

• Recording
• Summarizing

if viewed in isolation, can be collectively called bookkeeping. Including presentation and Interpretation, leads to accounting. So, a bookkeeper has knowledge and experience of rules of recording and summarizing business data, and an accountant holds these along with presentation and interpretation skills.