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Relationship between finance and accounting


While accounting focuses on the day-to-day management of financial reports and records across the business world, finance uses this same information to project future growth and to analyze expenditure in order to strategize company finances.

Is there a direct link between accounting and finance?

Finance is connected with accounting. The accounting process produces one of the essential raw materials needed to make financial decisions, financial data. Accounting is a tool for handling only the financial aspects of business operations.

What is the relationship computer for accounting and finance?

Role of Computer in Accounting Software\n\n Such tools can prepare tax documents automatically and send them electronically to government reporting agencies. Financial reports are maintained simply by entering information and creating reports with a set of keystrokes, many of which can be configured by the user.




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