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Why should you understand finance or accounting?

U Should understand the Basic Finance & Accounting, Bcz in our life indirectly we are using finance and accounts, if we are not know the basic thing of finance and accounting means how we analyse the thing are right or wrong,


How finance is related with accounting?

In most colleges both subjects are interchangeable. However, accounting plays a major role in finance because when it comes down to crunching numbers, that is accounting. I terms of corporate finance, that is basically accounting. When you watch CNBC, Bloomberg, FOX Business channel, etc. and analyst or executives talk about the "fundamentals." They are referring to their balance sheet or income sheet. Those two forms, are accounting forms done by their accountants and their CFO (head accountant/financial analyst). In short, accounting has everything to do with finance and, vice versa. Just like calculus has everything to do with economics.


How does one train in finance accounting?

One can train in finance and especially in finance accounting at the local stock market. Also, another option is to learn from financial advisers and such.


Where can one find tips on accounting and finance?

One can find tips on accounting and finance by reading any finance book, which one can find at any library. One could also take a course at any university or community college to learn more about accounting and finance.


What is the major difference between finance and accounting?

The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances

Related Questions

What has the author Raymond Brockington written?

Raymond Brockington has written: 'Dictionary of accounting and finance' -- subject(s): Dictionaries, Accounting, Finance 'Financial Accounting (M & E Higher Business Education Series)' 'Accounting for Intangible Assets' -- subject(s): Accounting, Intangible property 'A concise dictionary of accounting and finance' -- subject(s): Dictionaries, Accounting, Finance


Computer application in finance and accounting?

Yes, computer applications are used greatly in the field of finance and accounting.


Why should you understand finance or accounting?

U Should understand the Basic Finance & Accounting, Bcz in our life indirectly we are using finance and accounts, if we are not know the basic thing of finance and accounting means how we analyse the thing are right or wrong,


How finance is related with accounting?

In most colleges both subjects are interchangeable. However, accounting plays a major role in finance because when it comes down to crunching numbers, that is accounting. I terms of corporate finance, that is basically accounting. When you watch CNBC, Bloomberg, FOX Business channel, etc. and analyst or executives talk about the "fundamentals." They are referring to their balance sheet or income sheet. Those two forms, are accounting forms done by their accountants and their CFO (head accountant/financial analyst). In short, accounting has everything to do with finance and, vice versa. Just like calculus has everything to do with economics.


What is the role of accounting and finance in life using current real world events to illustrate your answer?

The role is for you to do the essay and not to miss out on your first eassy of your degree at NTU! Chris Hunt


What Education is required for finance and accounting?

For finance and accounting you have to admit in any finance school that provides finance and accounting related education. Recently i have joined Global Finance School. It is the world's easiest way to learn finance, with numerous e-books and interactive courses designed for beginners in six languages. http://www.globalfinanceschool.com


How does one train in finance accounting?

One can train in finance and especially in finance accounting at the local stock market. Also, another option is to learn from financial advisers and such.


Where can one find tips on accounting and finance?

One can find tips on accounting and finance by reading any finance book, which one can find at any library. One could also take a course at any university or community college to learn more about accounting and finance.


What has the author Desmond Goch written?

Desmond Goch has written: 'Finance and Accounts for Managers' 'Finance and accounts for managers' -- subject(s): Accounting, Business enterprises, Finance, Managerial accounting


What has the author Walter Swing Goff written?

Walter Swing Goff has written: 'Management accounting for managers' -- subject- s -: Managerial accounting 'Finance for managers' -- subject- s -: Accounting, Business enterprises, Finance, Financial statements, International finance


What has the author Joel G Siegel written?

Joel G Siegel has written: 'Thinking finance' -- subject(s): Accounting, Finance 'Accounting handbook' -- subject(s): Accounting, Handbooks, manuals


What education does a controller have?

A controller in a small to medium sized business typically has a Bachelor of Science degree in Accounting/Finance. Controller is often a position given to people who have a senior role in the accounting department usually reporting to the CFO or Director of Finance. In a large organization, a Controller will also usually have an MBA.