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The differences between accountants and general accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an accountant and a general accountant. Additionally, a general accountant has an average salary of $55,043, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for an accountant include reconciliations, general ledger accounts and account reconciliations. The most important skills for a general accountant are financial data, reconciliations, and cash handling.
| Accountant | General Accountant | |
| Yearly salary | $54,890 | $55,043 |
| Hourly rate | $26.39 | $26.46 |
| Growth rate | 6% | 6% |
| Number of jobs | 60,073 | 87,663 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables. They also handle the release of invoices and petty cash, analyzing balance sheets, and updating accurate financial information on the database. A general accountant must have excellent analytical skills, as well as extensive knowledge of the accounting principles and disciplines.
Accountants and general accountants have different pay scales, as shown below.
| Accountant | General Accountant | |
| Average salary | $54,890 | $55,043 |
| Salary range | Between $41,000 And $72,000 | Between $40,000 And $73,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Meta | Apple |
| Best paying industry | Technology | Automotive |
There are a few differences between an accountant and a general accountant in terms of educational background:
| Accountant | General Accountant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountants' and general accountants' demographics:
| Accountant | General Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 43.1% Female, 56.9% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 13.7% White, 62.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |