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This question is about what a finance analyst does, what an accountant does, and finance analyst.

Financial Analyst vs. Accountant

By Zippia Team - Jul. 28, 2022

A financial analyst is a professional that analyzes past and current trends to help create a better financial future for a company or client, while an accountant reviews financial information on a more day-to-day basis.

Financial analysts may use financial reports created by accountants to help give guidance to a company on how best to use its resources. Their main objective is to investigate data to identify business opportunities or give investment plans. Senior financial analysts tend to focus on devising investment recommendations more than anything else.

Accountants work in many different environments as financial professionals. They can work at companies or accounting firms, for government agencies, or independently for individuals. They keep daily track of a company's financial activity and seek to help a company retain the most money during the tax season.

Here are the key differences between a financial analyst and an accountant:

  • A financial analyst looks at past and current financial trends within a company to help with future planning

  • An accountant looks at a company's daily financial activities and helps them prepare their taxes

  • A financial analyst uses their financial data to help make business or investment plans

  • An accountant generally does not participate in creating investment plans for a company

  • Financial analysts have higher salaries than accountants

Financial Analyst vs. Accountant

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