What does an audit assistant do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

These skill sets are where the common ground ends though. The responsibilities of an audit assistant are more likely to require skills like "audit reports," "risk assessments," "audit procedures," and "analytical review." On the other hand, a job as a bookkeeper requires skills like "payroll tax returns," "customer service," "reconciliations," and "data entry." As you can see, what employees do in each career varies considerably.

A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets. Also, a full charge bookkeeper collates and enters vendor expenses, maintains the ledger's accuracy, and process accounts receivables. There are specific requirements you should meet to become a successful full charge bookkeeper, such as having a bachelor's degree in accounting, previous work experience as a charge bookkeeper, and bookkeeping certification.

Each career also uses different skills, according to real audit assistant resumes. While audit assistant responsibilities can utilize skills like "audit reports," "risk assessments," "audit procedures," and "analytical review," charge bookkeepers use skills like "reconciliations," "payroll tax returns," "excellent organizational," and "general ledger accounts."

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

The required skills of the two careers differ considerably. For example, audit assistants are more likely to have skills like "audit reports," "cpa," "risk assessments," and "audit procedures." But a accounts receivable clerk is more likely to have skills like "customer service," "data entry," "collection calls," and "credit card payments."

An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.