These people include managers, investors, bankers and lawyers. Since it is a business language, there are words and terms that are used to mean one thing but different in ordinary language usage influencing a person to survey the transactions and also get an insight of how business activities are transacted. The process of record making is called book keeping. Accounting is more than book keeping, and is concerned on how these records are put, the analysis of the records and also interpretation. An accountant is concerned with the relationship between the financial results and the events that have led to them. They do study various alternatives that are available to the business and use their knowledge acquired in the accounting field to help management select the best action plan. Shareholders and management need knowledge in this field so that they get to understand what accountants tell them. Investors also need this knowledge so that they can read and understand the financial statement issued by the business (Roberts, 1991). Since it is a business language all the stakeholders of a business will want to know whether the organization is making a profit or not. It will also help show if the business will meet its commitment as they fall due and not run into bankruptcy. These are only answered by use of accounting information of the company which can be derived by the equation given by, Total Assets= Total Liabilities + Capital Accountability means taking the responsibility or obligation by an individual or an organization. It has to be done on a transparent manner. The responsibility can take the form of money or properties. In relation to accounting, it takes the form of integrity. That is to say that, the accountant has to be able to take responsibility on any issue regarding transaction of the firm. Organizations do undertake so many activities on a daily basis. Such activities include, purchase of raw materials for daily operation of the firm, receiving of payments from the customers, banking of the cash received on a daily basis. All these activities involve transactions and hence there is the responsibility on each and every activity. Each is assigned some duty to be undertaken (Roberts, 1991). The three are related from the following perspectives: a) Performances, there is a high degree required while undertaking the three issues. This is because in accounting, an individual performance in meeting different objectives of stakeholders of the firm; accountability takes the form of responsibility and obligation of an individual. The responsibility can be in the form of money or properties. Organizational control is important to the general functioning of an enterprise (Abernathy, et al. 1993). It entails: planning of what is desired; setting good standards, monitoring performance of the firm; measuring performance - comparing actual output with that which is expected; and taking accurate measures to correct discrepancies. b) Integrity, The three are pegged on integrity. For example, in accounting, the financial information of the company is prepared on rules and guidelines of accounting worldwide; accountability on the other hand, gives obligations to an individual. Organizational control gives an illustration on the level of monitoring and feedback, which is achieved by implementing internal controls. It follows a control loop of assessing systems and procedures, establishing appropriate controls, evaluating outputs and adjusting where necessary. Working definition of the concept of accountability and its relationship to accounting Since accountability refers to capability of being held responsible for something or being held to account, scrutinized and being required to give an account.