2006-08-15 03:01:08 · 4 answers · asked by Mir Ahmad H 1 in Business & Finance ➔ Careers & Employment
Treasury is more cash-management.
Accounting is more tracking costs payments, and balances..
2006-08-15 03:05:24 · answer #1 · answered by kheserthorpe 7 · 0⤊ 0⤋
Acoounting coems from accountibility - so one explains to others - within and outside the company what happened to the money in the organisation. This includes all money streams incommming and outgoing. The accounted therefore is often also called a controller - he checks and gives guidelines about how a lot of people that deal with money shoud do their work so the money is secure and can at all times be traced.
he is also resposible for the work of the bookkeeper.
Treasury is how to deal with the money in the firm - so treasury is also about investing the money.
2006-08-15 10:10:25 · answer #2 · answered by veronica 4 · 0⤊ 0⤋
Accounting follows lots of rules to show the public how much money a business made in theory in a past period.
Treasury makes sure the business does not run out of cash by borrowing, issuing stock. It also invests cash balances to optimize interest earnings.
2006-08-15 11:38:05 · answer #3 · answered by Gary G 3 · 0⤊ 0⤋
Hey You just asked which one to choose!!!!!!!hmmm lol....
2006-08-15 10:09:16 · answer #4 · answered by j 2 · 0⤊ 0⤋