Accounting & Finance

Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use Finance: The Basics. The difference between finance and accounting is that accounting focuses on the day-to-day flow of money in and out of a company or institution, whereas finance is a broader term for the management of assets and liabilities and the planning of future growth. An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.