Difference Between Financial Analyst and Accountant
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Financial Analyst vs Accountant Infographics
Similarities
Though the roles and responsibilities of a financial analyst and an accountant are different, several similarities are there too between the two roles. Similarities between a financial analystFinancial AnalystA Financial Analyst is someone who uses the fundamentals of financial analysis to evaluate the company’s position in terms of raising capital in the form of debt or equity, credit ratings, or budging. They are expected to analyze various scenarios, including but not limited to current market conditions, and make intelligent inferences.read more and an accountant as a profession can be understood from the given points in the below table:
Key Differences
The differences between the two professions, i.e., financial analyst career and accountant career, can be understood from the below points in the given table:
Conclusion
Both financial analysts and accountants perform important work for the organization. An organization would not be able to succeed without the help of any one of them. And both of the professions are excellent career choices, end of the day; it just depends upon the area of the interest of the candidates wanting to adopt any of the careers. Both professions require data crunching analysis from various points of view, but the expected output is different. Financial analysts examine data to predict future performance, while accountants help in maintaining financial accuracy and consistency.
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This has been a guide to Financial Analyst vs. Accountant. Here we discuss the top 4 similarities and differences between financial analysts and accountants and infographics and a comparison table. You may also have a look at the following accounting articles –
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