The financial sector is a section of the economy of firms and institutions that provide financial services to commercial and retail customers. This sector comprises a broad range of industries including banks, investment companies, insurance companies, and real estate firms. A strong financial sector is a sign of a healthy economy. (Investopedia)
The future of accounting will focus on digital transformation, team integration, employee satisfaction, advisory services and data security, big data, remote workforce and block chain
Read MoreThe use of Accounting language which includes terms such as bookkeeping can be traced back to the mesopotamian civilizations. The first bank Banca Monte Dei Paschi di Siena was founded in 1472 Tuscany, Italy and is the oldest surviving bank in the world. The oldest central bank was found in Sweden, 1668 as Riksens Ständers Bank, and got named Sveriges Riksbank in 1867. Institutions in the industry include banks (central, retail & commercial, investment) insurance companies, mortage companies, and savings & loans associations.
Watch Video
