Auditing VS Auditor Free Essay, Term Paper and Book Report
Accountant vs. an Auditor: What makes them Different? What are their duties?
When it comes to finances whether it is for a company, personal, employment etc.. There is always a need for
the financials to be audited and to some degree an accountant is needed. It is said that accounting has been
in existence for many years. The unofficial father of accounting” was known to be an Italian mathematician by
the name of Luca Pacioli. He is the one who created the bookkeeping method which is currently known as the
double entry accounting system in 1494. (Horngren, 2011). This paper will research the differences between an
auditor and an accountant and explain why they both are important along with their roles.
An Accountant and Auditor are somewhat the same but different. An Auditor conducts an independent assessment
of the accuracy and fairness of a business's financial statements that are prepared by an Accountant and an
Accountant records the financial records that are examined by the auditor. An auditor also is appointed to
form an opinion about the authencity of ......
Word Count: 1338
Page Count: 5.3 (250 words a page / double spaced)
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