Accounting and Finance

Accounting and Finance

Introduction

Accounting is the ability of recording, summarizing, reporting, and analyzing financial transactions whereas, finance is concern is simply the management of the money or fund management.

Accounting is a technique that deals with record, classify and summarize the operations of a business trading in order to interpret the results. Consequently, managers or directors through accounting may draw on the action to continue their businesses through data and statistical accounting. These data provide insight into the stability and solvency of the company, current receipts and payments, trends in sales, costs and expenses General and others. So you may ...