![]() On the other hand, Accounting is followed by Management accounting, where they learn about different types of financial ratios based upon these ratios, the management can make strategic changes and modifications to the business, both long-term and short-term. Accounting follows the process of Bookkeeping.However, the functional part includes studying and classifications of Accounting heads/ groups. Whereas analyzing, classifying, interpreting, and segregating accounting data need knowledge of Accounting and Finance. ![]()
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