In organizational finance, treasury departments are responsible for protecting and managing cash, while accounting departments handle financial reporting and compliance; this distinction is a common misconception that many organizations overlook.
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Accountant vs Treasury Who REALLY Protects Your CashAdded:
Welcome everyone to another video of Small Business Treasury and today I want to talk about a very very very big misconception between the accounting and finance department within an organization. And today's video topic is your accountant is not protecting your cash.
Treasury is.
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