Question

Difference between auditor and finance manager

Answer 1

Answer:

Accountants and finance managers both work with clients and businesses to improve their finances. However, finance managers supervise all financial aspects of a business over a long period of time, while accountants focus on managing financial records and taxes...

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Answer 2

Explanation: Auditor Vs Finance Manager

• An Auditor is an individual appointed by the audit company with the authorization to verify and review the accuracy of the business transactions relating to financial records of the company.
• On the other hand a Finance managers is one who ensures that the  business is able to meet its financial goals which are laid out over a long period of time.

• An Auditor sees that the companies adhere to the tax compliance whereas a Finance manager is vested with the responsibilities of creating a financial report as well as supervise the decision taken in the field of investment.

• Auditor ensures that the businesses are saved from any fraud by highlighting any discrepancies undertaken in accounting methods whereas a Finance manager provide with accurate and detailed financial reports which are vital for the profitability of the business.

• Auditors acts as a investigators. They don`t undertake any decision related to business. Finance Manager on the other hand has to go through a lot of data analysis to find new ways of strategies for upgrading and improving the financial health of the organisation.

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