Now for most of the people they will think both accountant and
auditor have the similar working environment where they have to work from
🕘 to 🕔 in the boring office handling thick old financial report 📃with the ironed black and white formal suit👔. Well, after what I have learn... Yes, both of them may
have similarities in small part but mostly they didn't (hey ,even their
spelling also different right 😂）And
the following are what I can summarized about both accountant and auditor.
Accountant
|
TOPIC
|
Auditor
|
record day-to-day financial transaction of the company and provide the financial statement at the end of the year to the external and internal user to making decision
|
DUTY
|
reviewing the financial statement that provide by accountant to verify the accuracy of the accountant’s work.
|
Accountants
have their office in the company which they need work from 9-5.
|
WORK SPACE
|
Auditors travel
and move around from company to company frequently.
|
Accountants perform their duties based upon their task
|
WORK BASIS
|
Auditors do their task completely based
upon accountant's work.
|
International
accounting standards such as IFRS
|
STANDARD
|
Auditing standards such as
IFAC
|
Accountants do not need to submit any report about their work.
|
REPORT
|
Is compulsory for auditor to
submit the report as their task
|
Daily from the start till the end of the accounting period
|
PERFORMANCES
|
Perform quarterly or annual where when the financial statement are all done by those accountant |
Yes
|
REQUIREMENT IN THE COMPANY
|
No
|
The
starting point of Accountant’s salary is higher than Auditor’s,
|
SALARY
|
While the auditor’s is lower
than Accountant’s
|
Slower
& lower than auditors
|
GROWTH OF SALARY
|
More frequent and higher than
accountant
|
NO
|
REQUIREMENT OF PROFESSIONAL LICENSE
|
YES
|
no independent where they are the employee
of the company
|
INDEPENDENCE
|
Auditor is an independent body where they are external body
|
In short,Accountant is a NEED which is required in a company, however the Auditor is a WANT which is an option whether to hire in the company. however, both must be good with number where they need to be quick and confident with what they do. To be an auditor or an accountant, it all depend on your interest and personality where if you like to do recording, summarizing and analyzing then you should lean toward the accountant dream while if you are detective-minded where you like to investigate other people work like Sherlock Holmes and love to take challenge then an auditor you should be.
