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Preciousbunny Posted 16 years ago
Vocabulary

Accountant and treasurer

are they same?
  

Top answer

An "accountant" is someone with professional accountancy qualification, usually practising accountancy full-time for a living. A "treasurer" is someone who looks after an organisation's money. A treasurer could also be a full-time accountant, but the treasurer of a small club, for example, is likely to just be an unpaid trustworthy individual who does something else as a full-time job.

  • An "accountant" is someone with professional accountancy qualification, usually practising accountancy full-time for a living.
  • A "treasurer" is someone who looks after an organisation's money.
  • A treasurer could also be a full-time accountant, but the treasurer of a small club, for example, is likely to just be an unpaid trustworthy individual who does something else as a full-time job.
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3 Answers
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An "accountant" is someone with professional accountancy qualification, usually practising accountancy full-time for a living. A "treasurer" is someone who looks after an organisation's money. A treasurer could also be a full-time accountant, but the treasurer of a small club, for example, is likely to just be an unpaid trustworthy individual who does something else as a full-time job.
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In addition, we would expect the treasurer to control the flow of money without necessarily recording any financial transactions, and we would expect the accountant to record all the financial transactions but never see any of the money.

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