Role of Accounting in an Organisation Introduction Accounting is one of the most important functions in any organisation. It is often called the “language of business” because it provides financial information that helps people understand how a business is performing. Every organisation, whether small or large, uses accounting to record transactions, measure performance, and make decisions.(Atrill & McLaney, 2018). In today’s competitive business environment, accounting plays a key role not only in tracking financial activities but also in planning, controlling, and decision-making. This blog explains the purpose of accounting, its role in organisations, ethical and legal requirements, and how it supports decision making.(Weetman, 2019)