what is the difference between accounting and finance 
accounting is one aspect of finance that tracks day to day cash flows expenses and income accounting tasks include bookkeeping tax preparation and auditing the bottom linefinance is a broad term that describes a variety of activities but they all boil down to the practice of managing money getting spending and everything in between from borrowing to investing finance also refers to the tools and instruments people use in relation to money and the systems and institutions through which activities occur finance can involve something as large as a country s trade deficit or as small as the dollar bills in a person s wallet very little could function without it not an individual household a corporation or a society 