Asset Management Accounting is a business discipline focused on the organization and reportage of financial assets. It involves all facets of asset tracking, accounting, monitoring, control, and regulation which are necessary to ensure all activities related to assets, such as purchasing, trading, and disposing, adhere to accepted standards and meet legal requirements. The goal of asset management accounting is to enable organizations to better manage their financial resources and stay in compliance with relevant rules and regulations. This allows them to make informed decisions about their investments for sustained growth and profitability.