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What is exact difference b/w Accounts and finance
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Answer Posted / muthukumar
Accounting:
The primary function is to develope and provide data
measuring the performance of the firm, assuring it's
financial position,and paying taxs. the accountant
responsible for preparing financial statement such as
income statment and balance sheet and cash flow. it's
normally passive work.
Finance:
The decision making process. it uses the financila
statement prepared by accountant to make decision about the
firm financial condition and to advise other about possible
losses and profit. in same cases finance is more type of
leadership position. A finance manager to deal not only in
the finance but also economic, accounting, statistic, math
and management.
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