The Role of Accounting in an Organization. Accounting. Accounting is often referred to as the language of business. Accounting is thus called a business language because it provides a systematic method or model for recording, reporting and analysing financial transactions. This critical function serves as the basis for informed decision-making, strategic planning, and maintaining financial stability within an organisation. This blog explores the multifaceted role of accounting, its purpose, scope, branches and the important skills required in this field. The blog also discusses the impact of technology on accounting, ethical considerations and the importance of accounting to various stakeholders. This article explores the Role of Accounting within an Organization , this discusses detailing its functions, branches, systems, and the various stakeholders involved. It also addresses the ethical and regulatory issues, along with the pros and cons o...