It depends on your thinking processes. Although, they are closely related and complementary in knowledge they are quite different.
Accounting is very mechanical. There are lots of rules. Many of them have to be remembered by heart. Meaning they are difficult to reason your way back into them. In other words, accounting logic can be somewhat counter-intuitive.
Finance is often viewed as more complicated. But, with some efforts you can reach a certain finance common sense. The logic is more intuitive and easier to replicate.
When I got my MBA I often noticed that the students who were good in accounting, often struggled with finance and economics. And, the reverse was true too.
I think a good comparison is Algebra and Geometry. Algebraic formulas often have to be memorized cold, because you would be hard pressed to replicate them through logic. Geometry, on the other hand, you stand a much better chance to reconstruct a theorem using logic and common sense.
Algebra is like Accounting. Geometry is like Finance. That may give you an idea if you are more gifted for one discipline or the other. If you were equally excellent in high school algebra and geometry you have a very balanced quantitative mind. And, you will have no problem with either accounting or finance.
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2006-06-26 09:10:34
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answer #1
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answered by Gaetan 3
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They're increasingly similar, but it depends what you find hard. Accounting tends to have more math, while Finance has more complicated concepts and responsibilities.
2006-06-26 08:58:00
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answer #3
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answered by -j. 7
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I hated accounting, but if ur good with numbers they should both be easy.
2006-06-26 08:58:15
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answer #4
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answered by Jen S 5
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