When it comes to finance vs. accounting, the differences can be confusing. Yet there are many distinctions between the two that can majorly impact your business. One focuses on the present, while the other looks to the future.
Understanding the distinction between finance and accounting is essential to maximize your profits and cash flow and keep your finances in check. But it’s also important if you’re trying to decide which study path to pursue.
So let's explore the key differences between finance and accounting, including their respective degree requirements, skill sets, and qualifications to get you hiring the just-right finance and accounting professionals for your business.