01/07/2026
We are urgently on the lookout for a dynamic young individual for the post below:
ACCOUNTS ASSISTANT
Job Role
Maintaining creditors, other payments and bank deposits
Writing cheques for payments
Preparing vouchers for payments
Handling daily cash flow
Role Requirements
English communication skills
Good interpersonal skills
Computer literate
Knowledge in Quick book and Double entry system essential
Part qualification in accounting course
Please send your CV [email protected] if you are confident that you match the above criteria
F & H Accounting Services
Contact -0758359638 Or 0707359638
Gmail
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21/11/2025
Finance and Accounting often overlap, but they serve very different purposes in an organization. Here’s a clear explanation:
🟢 1. Meaning
`Accounting:
- Records, classifies, and reports every financial transaction of the business.
`Finance:
- Manages money, how funds are obtained, and how they are used to maximize value.
🟢 2. Main Focus
Accounting:
✔ Looks at the past
✔ Ensures accuracy of business records
✔ Helps report financial performance
Finance:
✔ Looks at the future
✔ Helps make decisions, investments, and plans
✔ Drives financial strategy and growth
🟢 3. Purpose
`Accounting:
To present a clear, compliant financial picture to owners, managers, government authorities, auditors, and investors.
`Finance:
To make strategic choices regarding investments, budgeting, capital structure, and risk management.
🟢 4. Key Activities
`Accounting Includes:
- Bookkeeping
- Preparing financial statements
- Auditing & tax management
- Cost control and reporting
- Compliance & accuracy checks
- Finance Includes:
- Financial planning and analysis (FP&A)
- Capital budgeting (investment decisions)
- Cash flow management
- Raising funds (loans, equity)
- Risk management
- Valuation & forecasting
🟢 5. Examples
📌 Accounting Example:
An accountant records sales, prepares the income statement, and ensures the numbers are accurate.
📌 Finance Example:
A finance manager analyzes those statements to decide whether to expand operations, invest profits, or cut costs.
🟢 Summary
Accounting = Accuracy + Reporting (Past)
Finance = Strategy + Decision Making (Future)
Both are essential, but they contribute in different ways to business success.
