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What is the difference between Finance & Accounts?
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Answer / suresh kumar
accounts relates to maintaining books , records to findout
the profit/loss and to know the finacial position of the
business.
finance means acquiring funds and utilising the funds in a
efficient way.
| Is This Answer Correct ? | 34 Yes | 1 No |
Answer / narasimha rao
ACCOUNTS MEANS RECORDING OF FINANCIAL TRANSACTION OF A
COMPANY
FINANCE MEANS MANAGE THE FUNDS FROM SOURCE AND USAGE THE
FUNDS AND CONTROL THE CASH FLOW
| Is This Answer Correct ? | 24 Yes | 1 No |
Answer / b.c.tewari
Accounting is basicaly the system of making
records,varificaiton & reporting of value of assets,
liabilites,expences and income in the account books.It
helps to the internal managers to know the finacial
position of the business.
While, finance refers to the time, money and risk
associated with a specific business. Finance is different
because it works on accounting information to pridict
future trends or to make decisionabout the future.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / prashanth 09849535484
Accounts and finance has comparission both are different
functions in the organisations.
Accounts used by the organisation to ascertain profit or
loss and for decision making purpose.
Finance used by the Management of the organisation to
ascertain inflow and outflows therefore they can take
decisions for expansion purpose.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / arjunanag@rocketmail.com
accounts:- accounts is maintain by company transactions.
thats mean " how to use source to funds for find profit &
loss and balance sheet.
finance:- finance is nothing but " how to borrowing funds
from other side" like loans, shares etc. it is blood of
company.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / anupriya singh
Accounting is the process of recording, summarizing and classifying the business trasactions in a systematic way while
Finance addresses the ways in which individual, organization manages the monitary resources.
| Is This Answer Correct ? | 1 Yes | 0 No |
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