Accountability is typically linked with the elements of good financial management practices such as governance, audit, assurance and reporting. In order to achieve good accountability practices different financial management tools and processes are needed based on specific characteristics of each organization. Companies and organizations that practice good governance and financial management will safeguard the interests of all stakeholders. Fraud and manipulation of accounts and reporting can be reduced or eliminated. Thus, this book endeavours to justify the importance of these financial management practices to solve or at least minimize the organizational corruption, embezzlement and mismanagement issues via accountability obligation schemes. The main focus of this book is good governance and management practices not only in public listed companies but also in public trust entities such as Government Linked Companies (GLCs) and Zakat and Waqf institutions. Hence, this book is envisaged to alleviate the knowledge of the society in accountability especially on governance, assurance and reporting.