Any successful business or organization has aspects of accounting and finances since every business operates on information based planning and foresight. Accounting gives assurance regarding the true state of a company since in its function, the systematic registration, capturing and analysis, plus the reporting of economic transactions take place. This discipline does help in gauging the earnings and expenditure of an individual but also extends in the various aspects of legal and tax compliance. On the other hand, finance is concerned with the inflow and outflow of funds on the quest to ensure greater profits and growth. These two areas provide a better understanding of financial management such as cash flow, investment, and economic risk, which enables proper management of the business environment. These are made possible through good accounting and financial management practices, which will make companies prosper in changing and dynamic markets.