1. What is Finance? How Finance is different from Accounting? What are important basic points that should be learned to pursue a career in finance?
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Answer:
The key difference between Finance and Accounting is that finance is the management of the money and the investment of different individuals, organizations and other entities, whereas, Accounting is the process of recording, maintaining as well as reporting the financial affairs of the company which shows the clear ...
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Management of Money and properties
Calculations of profits and loses
Analysis and plannings
Explanation:
Finance is a management of money and properties, Accounting is only calculations of profits and losses of properties, But the Finance is the manipulation and management of properties and plannings to get profits. Analysis and plannings are the basic points to pursue a career in finance.
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