What is the difference between finance and accounting?

Many finance majors are not very clear about the direction they can take. In fact, finance is mainly divided into branches such as economics, corporate finance, management, and accounting. The BA in Finance and Accounting program provides students with a broad introduction to finance-related topics, but with a primary focus on accounting to help students aspiring to pursue a career in the accounting industry after graduation.

In the first year, students will study accounting, economics, and financial mathematics. In the second year, finance and accounting courses include: Taxation, Management Accounting, Financial Accounting, and Economics.

In addition, there are a range of elective courses such as International Economics, Expansion and Development. In the third year, courses include Advanced Financial Accounting, Corporate Finance, Management Accounting, Taxation, and other elective courses in Accounting and Economics.

It is expected that the subject of accounting-related studies will exempt graduates from taking the equivalent level written examination of the Professional Accounting Society.

Career ProspectsGraduates are most likely to pursue careers in professional accounting.

Economics and finance are both studies of economic phenomena, but the Economic Society is a more comprehensive study of economic phenomena existing in society, while finance only studies economic phenomena in the field of finance. Therefore, the biggest difference between economics and finance is the difference in the object of study.

What is the difference between a finance major and an accounting major?

First, the nature is different.

Accounting is an important management discipline that mainly studies the analysis and synthesis of financial activities, so as to be able to effectively manage the economy. Economics, on the other hand, is a discipline that studies the law of value and is a product of the modern economy.

Second, the training objectives are different.

Accounting studies the basic theories and basic skills of accounting, and cultivates students' abilities in accounting, auditing, and senior management. Finance is mainly to develop students' ability to analyze finance, so as to be able to engage in financial management and other positions in enterprises.

3. Different categories.

Finance is an economic discipline, while accounting is a management discipline.

Fourth, the curriculum is different.

The accounting major has set up compulsory courses such as accounting principles, management, economic law, etc. There are also elective courses such as corporate law, management information systems, cost accounting, auditing, tax accounting, and international finance. The courses of finance majors mainly focus on finance, such as finance, financial intermediation, financial markets, accounting, international finance, statistics, econometrics, asset valuation, etc.

Fifth, the direction of employment is different.

The employment directions of accounting majors mainly include finance, accounting, auditing, taxation, etc. The employment directions of finance majors mainly include financial companies, ** companies, commercial companies, etc.

1) Accounting is a relatively disciplined and principled subject, which is the foundation of a country's financial system and provides the most basic financial data of enterprises;

2) Finance is relatively more flexible, especially insurance. So if you're majoring in law, then you might be studying accounting a little bit more similarly;

3) Accounting and finance have many similar foundations, for example, many financial data are the best in the analysis of enterprise accounting data, and some legal bases for dealing with accounting work, such as bill law, banking law, and economic law, are also the categories to be involved in the financial field;

4) Generally, people who have studied accounting can easily transfer to the financial field if they want to change careers in the future, but the reverse may not be possible (depending on whether the professionalism of the position is strong or not). In terms of personal interests, there is still a certain complementarity, but we feel that it is more difficult to do both parts well, because these two professions require two styles.

There are many differences between accounting and finance majors.

The biggest difference is the different disciplines.

Accounting is a management major.

Finance is an economics major.

Difference Between Finance and Accounting:

1. Finance belongs to economics, while accounting belongs to management.

2. In terms of employment, the difficulty of employment in accounting is better than that in finance.

3. Accounting is an applied discipline that forms an information system to assist decision-making on the basis of the collection, classification, synthesis, analysis and interpretation of financial activities and cost data, so as to effectively manage the economy; Finance is a discipline that studies value judgments and the laws of value.

The object of study in accounting is the movement of funds. Finance mainly includes two major fields: traditional finance theory and evolutionary finance theory.

The research object of accounting includes all aspects of accounting, such as the nature, object, function, task, method, procedure, organization, system, technology, etc. of accounting. Accounting uses its own unique concepts and theories to summarize and summarize its research objects.

Finance and finance are both products of the modern economy. In ancient times, it was mainly an agrarian, agricultural economy, mainly barter and simple money circulation, and finance and finance did not exist at all. For example, in China, some financial theories are scattered in various texts on the issue of "goods".

As an independent discipline, it was first formed in the West and is called "money and banking". Modern Chinese finance was introduced from the West, and there are various schools of money and banking theories from classical economics to modern economics.

The differences between finance and accounting are as follows:

1. The categories are different.

Finance is an economic discipline, while accounting is a management discipline. To put it simply, finance is about "art", and accounting is about "Tao".

2. The scope of application is different.

The scope of application of accounting is relatively small, and it is suitable for economic individuals, such as accounting positions in a certain enterprise. Finance involves a wide range of topics and is the theory of the entire financial community.

Third, the direction of employment is different.

Students who have graduated from accounting generally go to the lawyer's office to engage in some work in accounting institutions, or engage in government affairs and auditing work in ** government departments. After graduation, finance students generally work in financial institutions such as finance, investment, etc.

Fourth, the curriculum is different.

Accounting is a major study of economics, business administration, law, and other aspects. Finance mainly focuses on the practical operation of financial accounting, financial management, financial auditing, etc.

Fifth, the training objectives are different.

At the beginning of accounting, students learn the basic knowledge of accounting, and train students to become professionals in accounting and auditing, and be able to engage in auditing and accounting work in large enterprises or departments. Finance mostly trains students to have the ability to invest in finance.

Sixth, the research objects are different.

The research object of accounting is the movement of funds, while the research object of finance mainly includes traditional financial theories and quietly evolving financial theories.