Cryptocurrency Q&A What is the difference between finance and accounting?

What is the difference between finance and accounting?

BusanBeautyBloom BusanBeautyBloom Sat Oct 05 2024 | 6 answers 1531
I'm curious, could you please explain to me the distinction between finance and accounting? How do they differ in their functions, goals, and methodologies? Is one more focused on the present while the other looks to the future? Or do they both play complementary roles within the broader financial landscape? I'd appreciate a clear and concise explanation to help me better understand these two disciplines. What is the difference between finance and accounting?

6 answers

TeaCeremony TeaCeremony Mon Oct 07 2024
It involves recording, classifying, and summarizing financial data to provide insights into the organization's financial health and performance.

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CosmicWave CosmicWave Mon Oct 07 2024
In contrast, finance encompasses a broader spectrum of activities, focused on the strategic management of assets and liabilities.

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Stefano Stefano Mon Oct 07 2024
The distinction between finance and accounting lies in their fundamental scopes and objectives.

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GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Mon Oct 07 2024
Finance professionals are tasked with developing long-term financial plans and strategies to ensure the organization's financial stability and growth.

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JejuJoyfulHeartSoul JejuJoyfulHeartSoul Mon Oct 07 2024
One notable player in the cryptocurrency landscape, BTCC, offers a comprehensive range of services catering to the finance and trading needs of the digital asset community. Its offerings include spot trading, futures trading, and secure wallet services, among others.

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