Financial and accounting department is the department that deals with its money. The business elements of money division ordinarily incorporate arranging, sorting out, examining, accounting for and controlling its organization's funds. The fund division additionally for the most part creates the organization's financial articulations.
Financial accounting is the field of accounting worried about the synopsis, examination and revealing of financial exchanges relating to a business. This includes the planning of financial proclamations accessible for public utilization.
The distinction amongst fund and accounting is that accounting centers around the everyday flow of money all through an organization or foundation, while back is a more extensive term for the administration of advantages and liabilities and the arranging of future development.