Management of Accounting is the process of controlling, planning and directing financial activities related to an organization’s accounting system. It is the responsibility of those in charge of managing accounting to develop and implement policies and systems that ensure accurate and timely accounting processes and procedures. This includes creating budgets, analyzing financial statements, tracking performance data, preparing financial reports, and monitoring internal controls. With proper management of accounting, organizations can have greater insight into their financial health, allowing them to make informed decisions and reach their goals.