How is finance related to the accounting and economics, Finance Basics

Assignment Help:

How is finance related to the disciplines of accounting and economics?

Financial management is necessarily a combination of economics and accounting. First, financial managers make use of accounting information- income statements, balance sheets, and etc-to analyze, plan, and allocate financial resources for business firms. Second, financial managers make use of economic principles to guide them in making financial decisions which are in the best interest of the firm. Alternatively, finance is an applied area of economics that depends on accounting for input.


Related Discussions:- How is finance related to the accounting and economics

Financial Institution Regulations, Why are financial institutions heavily r...

Why are financial institutions heavily regulated, with specific focus on their ability to increase or reduce the money supply?

Aafafa, ksklklsdfmklsnakakngjkalkgblakbgklabgklagkbaskgbljas a kalks las l...

ksklklsdfmklsnakakngjkalkgblakbgklabgklagkbaskgbljas a kalks las lgaskgbak a lv aslglaksglas la sla

Types of stock markets, Types of Stock Markets 1. Over the Counter or...

Types of Stock Markets 1. Over the Counter or OTC and Organised Exchange market This is whereas the selling and buying of securities is done through sellers and buyers ar

Draw a bar chart, The construction of a highway is broken into 14 activitie...

The construction of a highway is broken into 14 activities as shown in the following table. Draw a bar chart of this construction project. Activity ID Desc

Who is floor broker, Who is Floor Broker Floor brokers aren't many in n...

Who is Floor Broker Floor brokers aren't many in number. They execute orders for fellow  members  and  receive  a  share  brokerage  commission  charged  by  a commission broke

Average rate of return - down payment, 1.  Determine what is the future val...

1.  Determine what is the future value of $20 a week for 10 (ten) years at 6 percent interest? Assume the first payment takes place at the end of this week. 2.  Kristina started

Retirement, Ask quQUESTION 1 1. In the ratio test used to determine whether...

Ask quQUESTION 1 1. In the ratio test used to determine whether a qualified plan is nondiscriminatory, what is the minimum percentage of nonhighly compensated employees who must be

Need financial econometric assignment help, I need help with financial econ...

I need help with financial econometric questions, i got stuck in finding answers for my homework, Can you provide engineering level financial econometric homework help? I need expe

Journal entries, Sam start business with his savings $20000, a gift from hi...

Sam start business with his savings $20000, a gift from his parents $10000 and a personal loan from his friends of $5000. All money is deposited in a bank account.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd