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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Finance is defined as to provide money or credit for something.
Finance is defined as to provide money or credit for something.**An example of finance is a bank loaning someone money to purchase a house.
The difference between finance and accounting is that accounting focuses on the day-to-day flow of money in and out of a company or institution, whereas finance is a broader term for the management of assets and liabilities and the planning of future growth.
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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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