Managers of an organisation make financial decisions to achieve their objectives (Alfa, 2014). organisation make financial decisions to achieve their objectives (Alfa, 2014). enterprise make financial decisions in order to achieve their business goals (Alfa, 2014). The center of finance is decision making. When decisions are not made correctly, business operations cannot run smoothly. Therefore, in order to make a profit and effective financial decision, it is vital to understand finance, accounting, the importance of finance and accounting, and the duties and responsibilities of accounting.