Finance VS Accounting VS Compliance

𝐅𝐈𝐍𝐀𝐍𝐂𝐄 𝐯𝐬 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐯𝐬 𝐂𝐎𝐌𝐏𝐋𝐈𝐀𝐍𝐂𝐄 – 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞!

Ever wondered what sets Finance, Accounting, and Compliance apart? 🤔

Let’s break it down 👇

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 – It’s all about planning, managing, and controlling money. Deals with investments, budgets, financial analysis, and decision-making for business growth. 💰

𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 – The recording and reporting part! Focuses on tracking income, expenses, assets, and liabilities. Helps prepare financial statements like Balance Sheet, P&L, and Cash Flow. 📒

𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 – The rules and regulations side! Ensures every financial and operational activity follows government laws, tax norms, and company policies. ⚖️

Together, these 3 pillars keep every business profitable, transparent, and legal 💼

📌 If you’re my students, understanding these basics is crucial for your career growth!