1.5 : 会計（アカウンティング） vs. 財務（ファイナンス）

Accounting and finance are two crucial functions that work hand in hand to ensure the success of any business.

Accounting is the process of recording, classifying, and summarizing financial transactions.

It involves the preparation of financial statements such as balance sheets, income statements, and cash flow statements.

These statements provide a detailed overview of an organization's financial performance.

Meanwhile, finance is the management of money and investments.

It involves making decisions about investments, funding, and cash flow management of a business.

For example, consider a cafe owner looking to expand his business operations.

He consults the accounting team for past financial records and statements to analyze the profitability of the cafe business.

However, he also consults his finance department for insights on potential investment opportunities and business expansion risks.

By understanding both disciplines, the cafe owner can make an informed decision based on past performance and future projections.

The collaboration between accounting and finance ensures the success and stability of the cafe's financial health.