Distinction between Accounting and Finance

The mechanics are already developing for the separation of accounting and finance as discipline. Over the last several years the banking sector in Bangladesh is growing rapidly and is familiarising the general public with financial instruments. The central bank is making concerted efforts towards bond market development. As these financial incidences take place, the business society at large will start practising finance in real life and it will not remain a discipline confined to university classrooms.

Having a CFA (Chartered Financial Analyst) designation, I probably have too staunch a demarcation of accounting and finance in my mind. There are a dozen or slightly more CFAs currently residing in Bangladesh. I am going to organise a series of information session to increase awareness about the CFA programme and would like to encourage a public debate on this topic. As a side comment, I have the utmost respect for the knowledgeable accountants of this country so please don't ostracise me.