Need more differences between acounting and financing?

Answer 1

Accounting generally refers to how transactions are recorded and reported.

Finance generally relates to initiating transactions to aid in cash, investment and other working capital management - including interest and foreign exchange hedging.

Some senior accounting or finance staff have cross-over in their jobs and perform both tasks.

Answer 2

Corporate Finance

Corporate finance comprises the operational financing and investing decisions a company makes. Corporate finance includes the financial and investing activities a firm engages in through public and private markets. Transactions that fall under corporate finance typically impact a corporation's business or structure. These financial transactions include Mergers and Acquisitions, leveraged or management buyouts and sales of divisions or business lines. Large public companies or private equity firms may use complex transactions to achieve an objective and complex words to describe their actions, but the underlying principles are straightforward.

Financial Management

Financial management is the creation and implementation of a financial system or principles to drive shareholder value through appropriate resource utilization and proper decision-making. Financial management enables a company to achieve its financial and operational goals by managing, financing and investing in a variety of assets. Financial management is key to any company, no matter its size. Smaller companies may focus on cash flow management and debt financing. Larger companies may focus on asset acquisition and resource deployment.

Answer 3

There is only one difference in finance and business administration. Business Administration is the main head while finance comes under the main head of business administration.

Apart from finance, there are many other main heads/components of business administration like marketing, management, economics and accounting.