Which is the difference between finance and accounting????

Answer 1

Accounting is essentially a classification of financial transactions. Usually the theory surrounds itself on questions like:

-Can I recognize this as revenue?
-Am I misleading readers by classifying this as an expense instead of an asset?
-Should this expense be ammortized over the life of the transaction? (loan fees, property, and other long lived type entities)

In comparison finance is more involved in evaluating financial transactions and projecting future cash flows. Usually finance asks and answers questions like:

-Is it better for me to invest in a new factory or treasury bonds?
-Should I borrow this money or sell stock?
-How much money can we expect to make next year?