Accounting Closes – Finance Opens

by GordonKJ | Apr 4, 2025 | Accounting, Finance

Accounting and Finance are often lumped together, but they serve very different — and equally vital — roles in a business. Accounting looks backward, ensuring accuracy and compliance. Finance looks forward, charting the course for growth and decision-making. In this post, I share a simple but powerful metaphor that highlights their differences, a personal story from my time at GMAC, and why successful businesses need both functions working in sync. If your company is relying on just one, you might be steering without direction — or driving blind.