what is the basic difference between accounting and
financing?
Answer Posted / fahd karali
Finance is concerned with the cash flows where Accounting is
concerned with the accounting profit
for example.. At the end of the fiscal year accountants come
with Net Income in the Income Statement which has elements
such as depreciation expenses, Dep. Exp is not a cash flow
yet it's deducted from the net income.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
please explain the uses of internate protocol address(ip add)?
What is meant by Revenue Loss
what do u mean by single error and double error in accointing errors?
deffered tax treatment in financial statements
what is the core accounts
I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
what is general HR?
Short Answer on ________Adjusting Entries
Short answer on Allowances
WHAT IS CORPORATE ACTION?
Is interest of a business unit Operating Expense or Non Operating Expense
Short Answer on _____________Accident Insurance
what is account & what is finance