Finance is the overall overriding concept in the business process. Accounting refers to the day to day operations of the business from the processing of transactions to the preparation of financial reports. Accounting is the art of recording financial transactions through journalizing in the book of accounts and preparing the financial statements for the information and reference of stakeholders. On the other hand, finance is a broader concept which encompasses the entire operations, not just the day to day transactions. Finance involve the procurement, marketing, budgeting, collection and disbursement, among others. It involves high-level of decision making skills as it the entire operations, rather than just maintaining of income and earnings.