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What is the difference between finance and accounts?

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Simple sense, 'The Art of Earning' is Finance, and 'The Art of Recording' the Financial Transactions / Activities is called as Accounting
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Accounting is the process of creating and managing financial statements which record the day to day transactions of the business. Finance has a broader scope and is responsible for initiating transactions to aid in cash, investment.
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Accounts are the beginning steps in the process recording transaction, Finance is the event which records under accounts.
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Trainer and Educator

Accounts is recording and portrayal of financial information. Finance includes interpretations and reaching a definite conclusion and plan of action with the financial accounts.
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Mentor

Finance usually deals with management of funds, cash flows, treasury, budgets, ratios analysis, investments etc whereas accounts deals with bookkeeping i.e. preparation and maintenance of books of accounts starting from journal entries to finalization of accounts in the form of a profit and loss account...
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Finance usually deals with management of funds, cash flows, treasury, budgets, ratios analysis, investments etc whereas accounts deals with bookkeeping i.e. preparation and maintenance of books of accounts starting from journal entries to finalization of accounts in the form of a profit and loss account and balance sheet. read less
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MBA(Marketing and Finance)

Difference between accounting and finance is with respect to their purposes. With accounting, it aims to collect and present financial information. It furnishes constantly improved and easily interpreted previous data, present and future inclinations of the company.
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Software Professional Trainer with 26+ years of Experience in Software Design and Development

The main difference between accounting and finance concerns time. Time plays a more sophisticated role in finance than in accounting Accounting is an essential part of finance. It is a sub-function of finance. Accounting produces information about the operations of a business. Accounting is a...
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The main difference between accounting and finance concerns time. Time plays a more sophisticated role in finance than in accounting Accounting is an essential part of finance. It is a sub-function of finance. Accounting produces information about the operations of a business. Accounting is a set of techniques to record, organise and present in a useful manner monetary information about the activity of the firm. read less
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SKills for Banking | Financial Services| Insurance

Accounting records business information like sales , share holding patterns , Expenses etc in prescribed format. Finance interprets this information and uses it for analysis and decision making in terms of Financial position , investments etc. Finance analysis starts where accounting ends.
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Teacher

Finance is more about decision related to managing funds(money), Accounting is related to recording movement of funds & all other monetary transactions and reporting.
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Faculty Finance-BMS,BFM,BBI,BAF,MBA,CFA and University of London(LSE)

Most of my friends have very well defined accounts and finance. Let me give very simple example: Say Company A makes 1 crore profit and Company B make 10 crore profit. This profit results are given by accounting rules. Now if i ask u to choose which company looks good to u. Primafacie you may say Company...
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Most of my friends have very well defined accounts and finance. Let me give very simple example: Say Company A makes 1 crore profit and Company B make 10 crore profit. This profit results are given by accounting rules. Now if i ask u to choose which company looks good to u. Primafacie you may say Company B looks more good. But if you further analyse and ask the question on how much sale or assets was this profit generated. let say company A created 1 crore profit on 10 cr sale which is 10% profit. Whereas company B created10 cr profit on 1000cr sale which means 1% profit. so now your decision changes. Company A looks good. we are analyzing the company using ratio analysis. Like this in finance we have various techniques to interpret,analyze and make decision. Accounts uses accounting rules and generates statements like profit and loss account, balance sheet,cash flow statement. Finance applies various techniques like ratio(as above) to make decision. read less
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