what’s the difference between those two accounts?
I thought they were the same.
Pretty sure they are the same
actually CFAI materials define them a little differently
from what i remember they define financial account as a small subaccount of capital account that consists of gifts of foreign governments, etc i guess there is no point in discussing as it won’t come up on the exam
Just a confidence crusher then?
no, i don’t remember the difference either i remember someone describing the difference in the fall and then i saw that in the CFAI materials and decided to ask i guess it was a stupid question on my part
Not stupid. I am just in the dumps.