November 22, 2024
Accounting vs. Finance – Which Major Is Better?
 #Finance

Accounting vs. Finance – Which Major Is Better? #Finance


what is up ladder climbers antoine wade founder and ceo of black heights and in today’s CashNews.co we are going to be discussing the difference between Accounting and text-decoration: none;">Finance now before we get to the CashNews.co do me a stone cold favor and stump that like button as it helps our channel grow on this channel we discuss careers college degrees Real Estate investing personal

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance soft skills and all of the things to help you become a ladder climber and live a successful life if all that sounds good to you then please do me a favor and support us by

tapping the subscribe button hit that notification bell to be alerted when i drop that content that your mama or your daddy never taught you now let’s get to the CashNews.co so what’s the difference between Accounting and

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance it’s pretty simple Accounting is about dealing with money in the past and none;">Finance is about dealing with money in the future so let’s dive a bit deeper in Accounting for a second accountants do things like prepare tax returns for individuals and businesses tax returns are done after money has been spent so again it’s what

happened in the past accountants analyze individuals and businesses financial health by carefully reviewing the financial documents to uncover cheating and illegal activities the basic job of an accountant is to make sure the recording and the flow of money is accurate through Financial

Statements if you guys stick to a budget and track your expenses then you are basically doing what an accountant does on a smaller scale so what questions do businesses and people ask accountants well they asked things like where did the money go what did we pay in fees to a certain

company how much Profit did we make what were a monthly cost for travel this month accountants have to be good at learning and interpreting rules because there are rules on how money is recorded and these rules are known as either tax codes or general accepted

Accounting principles also known as gaap all in all accountants act as policemen and detectives over people in businesses personal spending they spend the majority of their time analyzing what went on in the past now let’s shift our focus to

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance Finance is about money in the future

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance professionals focus less on what happened in the past and more on managing the money of today or the future they act as the money managers people basically give you their money

to get advice and to grow their money financial managers and advisors overseeing individuals or organizations asset in their Liabilities helping the client or the organization ultimately reach their goals so what question do people in businesses ask

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance people well they ask questions like how can we raise money where can we borrow money mom dad or the bank what should we do with our money should we put it in stocks or

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency which option of these three options give us the best return financial professionals deal a lot with risk in the odds of certain outcomes happening like if i were to put a hundred

dollars in the apple stock today will my money grow they are entering the automobile market i hear so that is the basic difference between Accounting and none;">Finance knowing the difference between the two should help you determine which major is best for you do you want to follow rules and police things or do you want to use other people’s money to grow it your choice i recommend both majors as they are valuable and essential

for all businesses the average job growth from 2021 to 2030 is above seven percent in their entry-level salaries start at around 55 000 all the way up to millions but please do your own research as i am not responsible for your career choices that is on you now that uncle ant has taught you

something that your mama and your daddy didn’t you should definitely invite me to your next barbecue also don’t forget to check out my other CashNews.cos leave me a comment and give me your thoughts i will be happy to hear from you and until next time peace

Now that you’re fully informed, check out this amazing video on Accounting vs. Finance – Which Major Is Better?.
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32 thoughts on “Accounting vs. Finance – Which Major Is Better? #Finance

  1. Hey Antoine! I'm planning on majoring in accounting but am confused on choosing my minor in MIS or Finance.
    So for MIS the pro can be the technical skills that I can gain which will help me win against the automation in accounting since accounting is getting automated. The con might be that MIS is coding and maths heavy. Is the math more difficult in MIS or Finance?

    As for finance I feel like if I someday would want to work as an investment banker or any other finance roles, I wouldn't be able to do so if I choose MIS as my minor instead of Finance. And can I develop the technical skills that would help me win against the automation by doing some certificates in IT instead of minoring in MIS? I feel like I can later on develop tech skills but can't go back to do a minor in finance. What would be your advice? I would highly appreciate your answer❤

  2. I’m 35 and planning to go back to school for accounting . I already have an entry level position, but later would love to move up into a higher position.

  3. isn't a 'management accountant' an accountant?

    Management accounting is focused on making decisions for the future.

    These comparison videos (all over youtube) are overly simplistic and misleading IMO

  4. I’m an iGCSE student and accounting is one of my subjects and I absolutely love it! However where I live accountants aren’t paid a lot and I’m much likely to get a higher salary in finance, I don’t know what finance is about tho. If it’s similar to economics, I don’t want it. What should I do?

  5. I'm 18 and I'm curious how is it do you get both degrees? I'm a student who graduated with 10 cxc subjects but most are science subject which made it hard for me to pursue a career so I'm making a switch to account and finance but need to be pointed in the right direction.

  6. Careers in Finance: Financial analyst, financial advisor, banker, credit analyst, wealth manager, stock broker, finance manager, insurance agent, insurance underwriter, insurance adjuster.

    Careers in accounting: Accountant, financial analyst, tax specialist, finance manager.

  7. Hello im a senior in highschool and not sure on what I want. Is it hard to land a job in accounting or finance in california? What pays better?

  8. I’m a junior currently studying at LSU. I started off in General Business knowing all of my early credit hours would carry over to whatever I wanted to go into, and I switched over to Finance this semester.

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