Financial accountability refers to the responsibility of individuals or organizations to manage their financial resources effectively and transparently. This involves tracking income, expenses, and investments to ensure that funds are used appropriately and in accordance with established guidelines. Financial accountability helps build trust among stakeholders, including employees, investors, and the public. In practice, financial accountability often includes regular audits, clear reporting, and adherence to laws and regulations. Tools such as budgets, financial statements, and accounting software are commonly used to maintain oversight. By promoting responsible financial practices, organizations can enhance their credibility and sustainability.