Answer / ravindra sahu

finance is the management of fund. planing of fund flow.
how we will get fund & where we will expend that.

accounting is managment of transctions. in accounting we
will manage records of transuctions. book keepings.

Answer / gunjan

accounting means recording of the daily transactions
related to the firm generally book keeping,trial balance
etc whereas finance mainly deals with managing the funds ie
from where to raise money, where to invest, planning and
decision making etc...thus finance is a major concept and
the whole working of the company rely upon the finances of
the company.

Answer / a.santosh

finance deals with procurement of funds and utilize the funds,without finance the firm can not existing their business.mainly finance is nothing but cash,money...

where as accounting is an art of recording,classifying summarising thr transations interpreting results threre of.

Answer / prashant bhat

finance is raising of fund and wise allocation of resources
Accounting is art of recording classifying and summerisin
g in a significant manner and in terms of money.

Answer / sumitra.raghavan

finance is a science concerned with procurement of funds and
effective allocation of funds to attain the objective of
business
accounting is concerned with recording,classifying,summarising
transactions which are of financial in nature and of monetaty
terms affects the financial position of company and
interpreting results thereof

Answer / badri

In mathematics terminology we can say, if finance is set
accounting is the sub-set. Finance refers to all the
activities which comprise of right from raising, managing
and investing of in an organization. In sort the management
of fund is called as finance. While accounting is the
language of finance. Accounting expresses, describes the
nature, pros & cons of finance of an organization.

I believe this answer would be enough for the above question
instead going with the bookish definition.

Answer / ankit

its is very simple that account includs only the recording
of transaction but finanace is ananlysis of that transction
for future planning.......

we can say that where the account stops Finance starts from
there for future planning from past and current data.. aslo
include the problem solving....

Where can I apply for tmb entrance exam?

0 Answers  

hi iam mba(finance) 2008 passout. i worked as a process associate in a sintel. iam select job through consultancy. last month i left the job due to my personal problem. now iam searching job in another place. how iam explaing in interview why r you left the job,why r you looking job after one half year. pls suggest me

1 Answers   Deutsche Bank,

What do you mean by cin and what specification does it contain?

0 Answers  

what is Actuarial life tables?

0 Answers  

Sean Alicandri, a sophisticated investor who is both willing and able to take risk, has just noticed that Mid- West Airlines has become the target of a hostile takeover. Prior to the announcement of the offer to purchase the stock for $72 a share, the stock had been selling for $59. Immediately after the offer, the offer the stock rose to $75, a premium over the offer price. Such premiums are often indicative that investors expect a higher price could occur if a bidding was erupts for the company or if management buyout of the firm. Of course, if neither of these scenarios occurs, the price of the stock could fall back to the $72 offer price. In addition, if the offer were to be withdrawn or defeated by management, the price of the stock could fall below the original stock price. Alicandri has no reason to anticipate that any of these possibilities will be the final outcome, but the realizes that the price of the stock will not remain at $75. If a bidding war erupts, the price could easily exceed$100. Conversely, if the takeover fails, he expects the price to decline below $55 a share, since he previously believed that the price of the stock was overvalued at $59. With such uncertainty, Alicandri does not want to own the stock but is intrigued with the possibility of earning a profit from a price movement that he is certain must occur. Currently there are several three months put and all options traded on the stock. Their strike and market prices are as follows: Strike Price Market Price of Call Market Price of Put $50 $26.00 $0.125 55 21.50 0.50 60 17.00 1.00 65 13.25 1.75 70 8.00 3.50 75 4.25 6.00 80 1.00 9.75 Alicandri decides the best strategy is to purchase both a put and a call option (to establish a straddle). Deciding on a strategy is one thing; determining the best way to execute it is quite another. For example, he could buy the options with the extreme strike price (i.e. the call at $80 and the put at $50). Or he could buy the options with the strike price closest to the original $72 offer price (i.e. buy the put and the call at $70). To help determine the potential profits and losses from various positions, Alicandri developed profit profiles at various stock prices by filling in the following chart for each position: Price of the stock Intrinsic Value of the Call Profit on the Call Intrinsic Value of the Put Profit on the Put Net Profit $50 55 60 65 70 75 80 85 To limit the number of calculations, he decided to make three comparisons: (1) the purchase of two inexpensive options-buy the call with the $80 strike price and the put with the $60 strike price, (2) the purchase of the options with the $70 strike price, and (3) the purchase of the options with the price closest to the original stock price (i.e., the options with the $60 strike price). Construct Alicandri’s profit profiles and answer the following questions. 1) Which strategy works best if a bidding war erupts? 2) Which strategy works best if the hostile takeover is defeated? 3) Which strategy works best if the original offer price becomes the final price? 4) Which of the three positions produces the worst result and under what condition does it occur? 5) If you were Alipcandri’s financial advisor, which strategy would you advise he establish? Or would you argue that he not speculate on this takeover?

0 Answers   Investment Bank,

WHAT IS THE MEAN BY DEALER MANAGEMENT IN THE AUTO MOBILE COMPANY?

0 Answers   Capital IQ, Mercedes Benz,

What details does a deposit receipt include?

0 Answers  

What is Sub-prime Crisis ?

2 Answers   SEBI,

I need the questions which are frequently asked at the time of interview for finance field?

1 Answers  

What's SLR?

0 Answers   State Bank Of India SBI,

What is Prime Lending Rate?

0 Answers   RBI,

Define PLR?

0 Answers   RBI,