ALL ABOUT ACCOUNTING :- 5th BLOG
A. *****ACCOUNTING***** Hi freinds., Today discuss 5th or final fields in accounting. * FINANCE :- the money you need to start or support a business, etc. Finance is the management of money, particularly in relation to companies, organisations, or governments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed - called capital in the company context - and how they spend or invest that money. For eg:- Finance is defined as to provide money or credit for something. An example of finance is a bank loaning someone money to purchase a house. #Father of finance:- Dr. Eugene Fama , sometimes referred to as the “father of modern finance”and who was awarded the Nobel Prize for Economics. Dr Fama is a professor at the University of Chicago and founding board member of Dimensional Fund Advisers. Dr Fama developed a theory known as the