In: Finance
Distinguish managerial finance from corporate finance
Basis | Managerial Finance | Corporate Finance |
Meaning | The managerial finance specialist is involved in the recording of financial transactions that take place in a company and ensures that the financial statements are true and not misrepresented. |
The specialist in this field studies the financial statements of the company and compares them with historical data and other companies. |
Role of Analyst | The analyst records, and performs financial planning duties so that the senior management of the company take the right decision. | The analyst studies the financial data and anticipates cash problems that the company may face and suggest alternative strategies that it may adopt to avoid such situations. |
Basis of Findings | These professionals base their findings on the financial nature of the transactions that took place within an organisation. | These professionals take into consideration non-monetary aspects like employees morale, internal and external environment and changes in the market conditions. |