What is the difference between an accountant and a treasurer?

An accountant primarily focuses on recording, analyzing, and reporting financial transactions, ensuring compliance with laws and regulations. They prepare financial statements and manage budgets, providing insights into an organization's financial health. In contrast, a treasurer is responsible for managing an organization’s financial assets, investments, and cash flow, often making strategic decisions about funding and risk management. Essentially, while Accountants handle financial data and reporting, treasurers focus on the overall financial strategy and liquidity management.