2007-01-08 05:04:54 · 3 answers · asked by FiFi 2 in Education & Reference ➔ Higher Education (University +)
The study of finance consists of three interrelated areas (i) money and capital markets which deals with many of the topics covered in macro economics (ii) investments, which focuses on the decisions of individual and financial and other institutions as they choose securities for their investments portfolios, and (iii) managerial finance (business finance) which involves the actual management of the firm. In general the three areas are interrelated.
The accounting field has existed longer than the finance field. Accounting relates to preparation of accounting records, preparation, analysing and interpretation of financial statements.
Generally Accepted Accounting Principles (GAAP) guide the accounting field and its profession.
Also, Bachelors of Science degees require more units taken then Bachelors of Arts degrees.
2007-01-08 05:23:39 · answer #1 · answered by bg918 3 · 0⤊ 0⤋
What is the difference? About $30K per year when you get out. Finance jobs pay better.
Accounting is about the past, while finance is about the future.
2007-01-08 05:30:36 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋
Accounting is about where you put the money you have already used. Finance is about how to use it.
2007-01-08 06:22:02 · answer #3 · answered by kramerdnewf 6 · 1⤊ 0⤋