Friday, May 10, 2019
Article Summary ( Financial Planning and Accounting) Essay
Article Summary ( fiscal Planning and Accounting) - Essay ExampleThe accountant is the major channel through which quantitative information flows to attention (Lynch & Williamson, 1976, 6). The essay aims to address the following questions after a review of three articles on the subject of finance, invoice or ethical standards, to wit (1) discuss the key differences in score and finance (2) discuss the types of reports history and finance personnel generate and the purpose of the reports and (3) compare and contrast the types of business decisions that can be make using accounting and finance information. Key Differences in Accounting and Finance Dr. Castro of LeTourneau University briefly presented the differences in accounting and finance by examining their primary functions. Accordingly, accounting is focused on the development and generation of data that tax the accurate quantitative performance of an organization, evaluating its financial status, and to compute for the taxe s the firm has to pay.
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