💼 Finance is NOT Accounting – and here’s why! 🚀
Confused about the difference between finance and accounting? 🤔 Let’s break it down:
Accounting:
🔹 Approach: Historical & current financial info
🔹 Focus: Compliance
🔹 Direction: Backward-looking
🔹 Verb: Report
Finance:
🔸 Approach: Current & future cash flows
🔸 Focus: Value creation & capital allocation
🔸 Direction: Forward-looking
🔸 Verb: Invest
🔑 Key Differences:
Accounting records value conservatively, while finance projects future value using discount rates.
Specialized skills differ—accountants focus on audit, tax, and financial reporting, while finance pros dive into corporate finance, capital markets, and portfolio management.
For a business to grow, accounting & finance must work together, blending precision with strategy.
Ready to level up your understanding? Share this with someone who should know the difference!

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