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Article 2 -- Accounting vs Finance: Two Sides of the Same Coin

Accounting vs Finance: Two Sides of the Same CoinPurpose: To show how accounting records what has happened while finance uses those records to plan what should happen next. The Idea in One Line““““““Accounting looks backward. Finance looks forward.”””””” Accounting records transactions. Finance turns those records into insight and strategy. [The Bridge Between Accounting and Finance] (Flow-style diagram showing arrows: Transactions → Bookkeeping → Reports → Financial Analysis → Forecasting → Decisions → Results → back to Transactions.) Example A — SweetBite Bakery • Accounting: Tracks...…

by msypniewski511 • 7 months ago
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