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Bookkeeping vs Auditing - What's the difference?

bookkeeping | auditing |

As nouns the difference between bookkeeping and auditing

is that bookkeeping is accounting: the skill or practice of keeping books or systematic records of financial transactions, eg income and expenses while auditing is the act or result of performing an audit.

As verbs the difference between bookkeeping and auditing

is that bookkeeping is while auditing is .

bookkeeping

English

Noun

(-)
  • Accounting: the skill or practice of keeping books or systematic records of financial transactions, e.g. income and expenses.

    • Verb

    (head)

    • References

    *

    auditing

    English

    Verb

    (head)

    • Noun

    (en noun)
  • The act or result of performing an audit.
  • * 2010 , Larry McMurtry, Duane's Depressed (page 22)
    • He didn't mind Karla auditing courses — in fact, he encouraged it — but he did mind having to audit her auditings , particularly when he had a hangover.