In college there is an attitude discrepancy between accounting and finance majors. Accounting is known to take financial information and record transactions regarding events that have already occurred. It is based on the past. Finance is known to take financial information and project what can be. It is based on the future.
Once one gets out into the 'real world', it's obvious that accounting and finance jobs are intermingled quite frequently. Applicants need to have a basic understanding of accounting in order to succeed in the finance field. All accounting and finance jobs include working with the finances of a company or government.
Both fields are expected to expand and open the door for accounting and finance jobs. This is due to increased regulation (such as Sarbanes-Oxley), turnover, and new positions being developed.
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|Sheri Ann Richerson|