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Sample Essay
6 works cited
Length: 1550 words
For communication to take place easily and successfully, a business/organization must have a language for communication which is accepted and understood. Not only is this necessary for workers and employers to communicate with each other within the firm, it is important too so that the business can communicate with their stakeholders.
Accounting is considered to be the language which is used in business. Accounting is a way by which information relating to the finance of a business is conveyed to others. Accountants are responsible for compiling the financial details of the company and analysts then make the detailed report and give their suggestions as to what the company’s next step should be. In order to reduce the problems faced by businesses, to set goals, measure the results achieved and to make decisions, tools such as finance and accounting are extremely important (David Ballast)
Accounting and finance both deal with the assets and money aspect of the business. Despite being similar to such an extent these two are still different categories.
This part of the essay will talk about the differences which are present between finance and accounting. The essay will provide examples so as to give a better concept of these two aspects.
Accounting is a discipline which is considered to be more a law rather than being…
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