What is the difference between accounting and finance?
141 Views|Posted 8 years ago
Asked by Abhilash Das
2 Answers
Answered by
a year ago
Hello, Finance and accounting are two halves of the financial book. Accounting is a system for the delivery of financial information. It involves the recording of transactions and preparation of the financial statements, along with financial statement analysis regarding financial health of firms.
Fin
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Answered by
8 years ago
At a high level, finance is the science of planning the distribution of a business' assets. Accounting is the art of the recording and reporting financial transactions. People tend to group.
Finance and Accounting because both functions deal with the administration of a business' assets.
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