Explain difference between Finance and Auditing?

Question

Accepted Answer

Finance involves managing money and investments, while auditing involves examining financial records for accuracy and compliance.

Finance focuses on managing money, investments, and financial planning.
Auditing involves examining financial records to ensure accuracy, compliance, and transparency.
Finance professionals help clients make informed financial decisions, while auditors ensure financial statements are reliable and trustworthy.
Finance deals with forecasting, budgeting, and investment analysis, while auditing focuses on risk assessment, internal controls, and regulatory compliance.
Examples of finance roles include financial analysts, investment bankers, and financial advisors, while auditors work as external auditors, internal auditors, or forensic accountants.

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