Answer / h.r. sreepada bhagi

Finance is related to money & transactions having financial
implications.

Accounts or Accounting is concerned with to recording the
business transactions in terms of money in a systematic
manner to enable preparation of Profit & Loss A/c & Balance
at the end of an accounting period. Financial transactions &
accounting should go hand in hand for efficient & effective
business to run & grow.

Answer / govind

ACCOUNTS WILL BE DONE ON THE BASIS OF FINANCE. I.E. WITHOUT
FINANCE U CAN NOT MAKE ACCOUNTING. ACCOUNT WILL BE START ON
THE BASIS OF FINANCE.

Answer / goutham

Accounting is the art of recording, classifying and summarising the business trasaction, where as finance deals with raising of fund and utilising of funds for business.

goutham

Answer / anand

Accounts or Accounting is concerned with to recording the
business transactions in terms of money in a systematic
manner to enable preparation of Profit & Loss A/c & Balance
at the end of an accounting period. Financial transactions &
accounting should go hand in hand for efficient & effective
business to run & grow.

Answer / ahjf

finance is blood for an organisation. and accounts are
record of the financial activity of the business.

Answer / sks

Accounts includes-Recording, classifying, presenting and
reporting financial information.

Finance is related to acquision, use and management of
monetary resources. It includes financing, investing and
dividend decision.

Answer / rajat singh sisodiya

Finance and Accounting are two separate disciples that often are lumped together (as we obviously have done). At a high level, Finance is the science of planning the distribution of a business' assets. Accounting is the art of the recording and reporting financial transactions.

Answer / ajoy kumar rai

Accounts is micro in nature and finance is macro in nature.

Accounts assists financ by providing income statement to
take decision.Accounts is a leaf while finance is a tree
for managerial decesions.

Answer / ramireddy

accounting is nothing but to maintain the daily monetary
transctions in an organiztin but finance means to maintain
the total trasctins, allocation of resourcesm and alloction
of funds.

Answer / santosh

accounting is limited to the preparation of the final
reports/accounts. but finance deals with the annoncement of
the finacial results to the share holders,public,creditors
etcc......

finance starts where accounting ends.

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