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what is the difference between accounts and finance ?
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Answer / surendra
Accounts Deals with day to day activities of an organization
where as Finance deals with procurement of funds and
utilization of such funds in a fruitful manner.
| Is This Answer Correct ? | 17 Yes | 0 No |
Answer / mohammed
ACCOUNT is the detailed record of a particular asset,
liability, owners' equity, revenue or expense.
FINANCIAL ACCOUNTING is the area of accounting concerned
with reporting financial information to interested external
parties
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / r.s.senthilkumar
account is deal with all day to day business activites like
business in inter level.
but finance also deal with inter and external level and
account is one of the part of finance. accounts propertly
maintenan it will taken perfect financial report.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / r.mukesh
accounts is deals with money.
finance is deals with capital.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / pratyush-anand
Account refers to statements in which we records day to day transaction relating to the business.it has two sides one is debit and other side is credit.but in the other hand finance refers to management of money and valuables in the business. finance are two types
1. public Finance
2. private finance.
Accounts deals only inside of an organisation where as finance deals both inside and outside of an organisation.
| Is This Answer Correct ? | 0 Yes | 0 No |
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