what is the bank reconciliation statement
Desmond Goch has written: 'Finance and Accounts for Managers' 'Finance and accounts for managers' -- subject(s): Accounting, Business enterprises, Finance, Managerial accounting
Functions of finance department are:Book keeping• Obtaining and managing finance•Budget control•Accounts Payable•Accounts receivable•Credit regulations and policies•Bills processing /Claim Processing
Yes accounts payable is non-formal kind of source of finance because every company allows time for payment of accounts payable and due to that reasons it is source of finance for that time period.
What is reserve & surplus in accounts
Functions of finance department are:Book keeping• Obtaining and managing finance•Budget control•Accounts Payable•Accounts receivable•Credit regulations and policies•Bills processing /Claim Processing
debt management
Accounts have to do with the daily records of financial activities of an organization. Accounts are managerial level it includes recording classifing summerising the results to the stake holders of the company. Finance deals with the admisterial level it includes various decisions like procurement of funds invest them in proper manner and distributing of funds to interested parties. Thus when compare the scope the scope of finance is greate than accounts. Accounts is the parts of finance whereas finance means the analysis of cost and fund for future requirements.
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what are the responsibilities of a SENIOR EXECUTIVE of FINANCE / ACCOUNTS as a MBA Finance student with 2.5 yr Experience
what are the responsibilities of a SENIOR EXECUTIVE of FINANCE / ACCOUNTS as a MBA Finance student with 2.5 yr Experience
Chart of accounts. (If you work in finance anyway)
Its same as Accounts and Finance As a role of Accounts manager one should look for Accounting prospects of any concern. Like Day to day working, data entry, preparation of Ledge, Expense. As a role of Finance manager one should take decision on day to day work like how much the expenses should be and how to invest and how to process, where to get money and all that. As a comparative analysis, Finance Manager take Financial decisions of any concerns and Accounts manager look for the proper accounting for those decisions. Finance manager role is more challenging than Accounts manager