What’s the difference between Accounting and Finance?
What’s the difference between Accounting and Finance?

As you grow your business you will need advisor for your money management. The question here is, should you hire an accountant or a financial consultant here? It’s very important to understand that accounts and finance both are forms of money management. While finance deals with your investments, mutual funds, stock investments etc, accounts deals with your taxes, receivables, payables,…

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FIFO vs LIFO inventory systems
FIFO vs LIFO inventory systems

A big part of accounting revolves around the wonderful world of tax compliances and regulatory bodies that work in conjunction with the accounting aspect of tabulating business performance and tracking the flow of money throughout the company. Stock valuation or stock accounting deals with valuation of company’s inventory, which can vary due to not only not only how many products…

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