Finance vs, accounts

Industry 2874 views 42 replies

What is the difference between finance and accounts

Replies (42)

Accounting is the Part of Finance. Accounting is generally considered as Recording and Managing the Accounts. Where as Finance refers to every thing that exists as a part of Money and Business......

Accounting is much Smaller term than Finance.

THANKS BHAGTANI...

BUT I WANTED A BETTER ANSWER

ACCOUNTING= BOOK KEEPING.....RECORDING TRANSACTIONS OF THE ORGANISATIONS....AND ALL  

                              THAT.

FINANCE - IT IS THE SCIENCE OF MANAGING FUNDS THROUGHT OUT THE ORGANIZATION.......FROM

                     THE SOURCES OF FUNDS TO USES OF FUNDS ...IT INCLUDES   EVERYTHING..

                      ACCOUNTING IS A PART OF FINANCE...

Originally posted by : pooja

THANKS BHAGTANI...

BUT I WANTED A BETTER ANSWER

I THINK HE HAS USED THE SIMPLE TERM TO EXPLAIN....AND IN STRAIGHT WAY IT WAS A GOOD ONE.........TO THE POINT ANSWER....

CAN SOMEONE COME UP WITH BETTER AND CREATIVE ANSWER ..NOT GOOGLED

Originally posted by : pooja

CAN SOMEONE COME UP WITH BETTER AND CREATIVE ANSWER ..NOT GOOGLED

 

IT WASNT A GOOGLE ANSWER....AND U DONT GET SUCH DEFINITION IN ANY GOOGLE RESULTS..............GOOGLE ANSWER LOLZ...

WELL I NEVER SAID YOU GOOGLED IT

see my motive is somethng else..

this question is a very basic interview question

i need a very creative type of answer which can create a damn impression on the interviewer..both of your answers are correct but not out of box kind

pls try to undrstand.. i never meant to undermine your efforts

U MENTIONED THAT .....NOT GOOGLED........

ITS A LANGUAGE ......THERE ARE MANY INTERPRETATIONS OF A INCOMPLETE SENTENCE....

ramesh babu.....chill...nothing to take so personal

U JUST TELL ME WHETHER U NEED A BOOKIST ANSWER OR A PRACTICAL ANSWER.....

 

AS FAR AS BOOKIST ANSWER IS CONCERNED ......U CAN FIND IT ON GOOGLE....

BUT THE PRACTICAL ONE .......U ALREADY GOT 

 

YEAH U CANT ANSWER THE INTERVIEWER IN THAT WAY......SO U HAVE TO GO FOR A BOOKIST LANGUAGE.....

Originally posted by : pooja

ramesh babu.....chill...nothing to take so personal

M CHILL BUT U KNOW......EK TO ITNA SOCH KAR LIKHA THA ....PHIR AAP YE LIKHTE HO KI NOT GOOGLED....SAHI MAIN DIMAAG KHARAB HO GAYA....AND ALL THAT....

you know what would my answer be " finance starts where accounting ends..where accounts is only clerical, finance is purely intellectual..accounts is remaining inside the box,finance is thinking out of the box"

accounts is the language which business speaks,it shows whre the business stands,,on the other hand finance is decision making,it shows whre the business can stand

i appreciate apne itna soch ke likha..that is what i want people to do..i want them to be interactive


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