Finance vs Accounting - Are They Both Same? | Know the Top Differences

In this video, on Finance vs Accounting we will do comparative analysis of Finance vs Accounting.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞?
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Finance is the science of planning the firm's asset distribution.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠?
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Accounting is the art of summing up, reporting and recording transactions connected to finance.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐯𝐬 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐊𝐞𝐲 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬
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#1 - Professional finance managers earn an average of around US$ 84,800 per year. Whereas, accountant median annual salary is around US $65,940 per annum.

#2 - The education required for Finance is Bachelor in finance, accountancy, economics or mathematics, MBA, CFA, FRM, PRM, CFP. Whereas, education required for accounting is Bachelor in Accounting, Masters in Accounting, CA, CPA, ACCA, CIMA, CMA.

#3 - Finance keywords is financial Modeling overview, Valuations, M&A, NPV, IRR. Whereas, Accounting keywords is journal, ledger, trail balance, balance sheet, cash-flows, income statement.

If you want to know more about 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐯𝐬 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠, you can visit the 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝 𝐡𝐞𝐫𝐞:- https://www.wallstreetmojo.com/finance-vs-accounting/

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Видео Finance vs Accounting - Are They Both Same? | Know the Top Differences канала WallStreetMojo