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Accounting vs. Finance — What's the Difference?

Accounting vs. Finance — What's the Difference?

Difference Between Accounting and Finance

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Compare with Definitions

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators.

Finance

Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how an individual, company or government acquires money – called capital in the context of a business – and how they spend or invest that money.

Accounting

The practice or profession of maintaining the financial records of a business, including bookkeeping as well as the preparation of statements concerning the assets, liabilities, and operating results.

Finance

The management of money, banking, investments, and credit.

Accounting

Present participle of account
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Finance

Finances Monetary resources
Could not make the purchase because of limited finances.

Accounting

(business) The development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.

Finance

The supplying of funds or capital.

Accounting

A relaying of events; justification of actions.
He was required to give a thorough accounting of his time.

Finance

To provide or raise the funds or capital for
Financed a new car.

Accounting

(law) An equitable remedy requiring wrongfully obtained profits to be distributed to those who deserve them.

Finance

To supply funds to
Financing a daughter through law school.

Accounting

A convincing explanation that reveals basic causes;
He was unable to give a clear accounting for his actions

Finance

The management of money and other assets.

Accounting

A system that provides quantitative information about finances

Finance

The science of management of money and other assets.

Accounting

The occupation of maintaining and auditing records and preparing financial reports for a business

Finance

Monetary resources, especially those of a public entity or a company.
Who's really in charge of a democracy's finances?

Accounting

A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts

Finance

The provision of a loan, payment instalment terms, or similar arrangement, to enable a customer to purchase an item without paying the full amount straight away.
Finance on all our new cars is provided by ABC Loans Ltd.

Accounting

A statement of recent transactions and the resulting balance;
They send me an accounting every month

Finance

(intransitive) To conduct, or procure money for, financial operations; manage finances.

Finance

To pay ransom.

Finance

(transitive) To manage financially; be financier for; provide or obtain funding for a transaction or undertaking.
His parents financed his college education.
He financed his home purchase through a local credit union.

Finance

To extort ransom from.

Finance

The income of a ruler or of a state; revenue; public money; sometimes, the income of an individual; often used in the plural for funds; available money; resources.
All the finances or revenues of the imperial crown.

Finance

The science of raising and expending the public revenue.

Finance

To conduct the finances of; to provide for, and manage, the capital for; to financier.
Securing foreign capital to finance multitudinous undertakings.

Finance

The commercial activity of providing funds and capital

Finance

The branch of economics that studies the management of money and other assets

Finance

The management of money and credit and banking and investments

Finance

Obtain or provide money for;
Can we finance the addition to our home?

Finance

Sell or provide on credit

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