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by Anonymous on April 21st, 2008

Anonymous

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What are the major difference between accounting and finance with respect to emphasis on cash flows and decision making?

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  • by puzzled on August 17th, 2009

    puzzled

    YarnLady pretty well summed it up.

    The cash flows are Finance, the measurement and reporting of those cash flows is accounting.

    The decision making which affects the cash flow is Finance but the decisions as to how it will be measured and reported is accounting.

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