What is the difference between finance and accounting?

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2026-04-02 17:20

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Accounts have to do with the daily records of financial activities of an organization. Accounts are managerial level it includes recording classifing summerising the results to the stake holders of the company.

Finance deals with the admisterial level it includes various decisions like procurement of funds invest them in proper manner and distributing of funds to interested parties.

Thus when compare the scope the scope of finance is greate than accounts.

Accounts is the parts of finance whereas finance means the analysis of cost and fund for future requirements.

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