can anybody describe about the accounts and financ ? what
is difference between that , thanks in advance gurus

Answer Posted / indrajeet

Finance is the analysis, summarisation, evaluation,
interpretation and management of accounts for the
management purpose.For eg, Risk management, Portfolio
analysis etc are done with the help of accounts maintained.

But account is only posting of various transactions
prevailing in any organization. It helps in decision making.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a Balance Sheet & Profit & Loss Account?

1501


Expand--------SRTA

1531


Expand-------ANCS

1579


What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?

1654


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

1748






Who will be called as consignee

1636


what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?

1903


Define control account Thanks

1550


is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

1599


While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.

1413


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

1580


what is budgetory control and what are the types

1945


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1559


what is duties and responsibilities for clark working in sbi

1804


the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.

1548