Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

The goal of financial management is 

to maximize shareholder wealth.

While finance is responsible for creating analyses and budgets and ensuring the company
maintains the budget, accounting is responsible for continuously supplying the information
needed to create them. Finance and accounting teams typically work together to present the
financial statements to management as well.

While accounting is concerned with the day-to-day management of financial reports and records
in the business world or it deals with recording, reporting, and evaluation of a company's
financial deals and transactions, finance uses the same data to forecast future growth and analyze
expenditure in order to strategize firm finances.

Finance is the study of how to optimally allocate assets. This role is responsible for the
planning, sourcing, and optimal use of the company's cash. This role po often manages by
accountant or financ

Finance is fundamentally a forward-looking field, concerned with what an asset will be worth in
the future. 

Finance is the study of how to optimally allocate assets—how individuals and organizations
should invest assets in order to get the highest possible return given changing conditions over
time. 

You might also like