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Accounting is a profession studied by students in universities and colleges. It examines how firms, industries, and organizations track their overall income and expenses. The accounting activities undertaken by companies includes recording business transactions, cost of purchasing new technologies, quality management, cost and account analysis, inventories, manufacturing cost, developing new information skills to monitor financial operational outcome. The activities of accounting enables an organization to know the profit or losses incurred in a particular time and thus proffers solution by declaring the amount of income needed for more profits, and level of expenditure that needs to be eliminated to achieve more growth. Accounting profession also offers an inspiring and motivating activity that is subjected to constant changes mainly to learn the workings of a successful business. This skill is needed virtually by all establishments big or small.