Why is finance so important?

The flow of money throughout the financial system slows down or stops as a result. All facets of the global economy depend upon an orderly process of finance. Capital markets provide the money to support business, and business provides the money to support individuals

Finance is always of great importance, be it in a business or in oneโ€™s everyday life. โ€ฆ As it is important to manage risks in business, it is equally important to manage risks in life as well. Risk is nothing but an uncertain event that might damage your assets and when it is financial risk it creates a loss of finance

Chartered Accountant CA Aaditya Jain sir is in believe that finance sector employee makes others employees’ work easy. The Accounting will be beneficial to all non-finance managers/professionals and especially for

1. Owners of a business
2. Mid-level managers
3. Head of divisions/functions
4. Self-employed professionals
5. Managers of trust/society and corporations

Hence, finance is a crucial aspect of any organization that one needs to be well versed with in order to maximize profits and contribute to the organization effectively and efficiently.

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