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Accountant vs Ledger - What's the difference?

accountant | ledger |

In accounting terms the difference between accountant and ledger

is that accountant is one whose profession includes organizing, maintaining and auditing the records of another. The records are usually, but not always, financial records while ledger is a collection of accounting entries consisting of credits and debits.

As nouns the difference between accountant and ledger

is that accountant is one who renders account; one accountable while ledger is a book for keeping notes, especially one for keeping accounting records.

As an adjective accountant

is accountable.

accountant

English

Alternative forms

(one who handles financial records)

Etymology 1

* First attested in the mid 15th century. * * From (etyl), from (etyl) acuntant. * Compare (etyl) accomptant. * See also account .

Noun

(wikipedia accountant) (en noun)
  • One who renders account; one accountable.
  • A reckoner, or someone who maintains financial matters for a person(s)
  • (accounting) One who is skilled in, keeps, or adjusts, accounts; an officer in a public office, who has charge of the accounts.
  • (accounting) One whose profession includes organizing, maintaining and auditing the records of another. The records are usually, but not always, financial records.
  • Quotations
    * {{quote-book, year=1900 , author=Francis William Pixley , title=Accountancy — constructive and recording accountancy (Sir Isaac Pitman & Sons Ltd, London). citation , volume=1 , page=4 , passage=The word Accountant is derived from the French word compter'', which took its origin from the Latin word ''computare . The word was formerly written in English as "accomptant", but in process of time the word, which was always pronounced by dropping the "p", became gradually changed both in pronunciation and in orthography to its present form.}}
    Derived terms
    * accountant general * chartered accountant * Certified National Accountant

    Etymology 2

    * First attested in the early 15th century.

    Adjective

    (en adjective)
  • (obsolete) accountable
  • Usage notes
    (adjective) Followed by the word to .

    ledger

    English

    (wikipedia ledger)

    Noun

    (en noun)
  • A book for keeping notes, especially one for keeping accounting records.
  • (accounting) A collection of accounting entries consisting of credits and debits.
  • (construction) A board attached to a wall to provide support for attaching other structural elements (such as deck joists or roof rafters) to the building.
  • A large flat stone, especially one laid over a tomb.
  • Derived terms

    * ledger bait * ledger board * (l) * ledger wall

    Anagrams

    *

    See also

    * (wikipedia "ledger") *