Definitions for Accountingəˈkaʊn tɪŋ
Random House Webster's College Dictionary
the system or occupation of setting up, maintaining, and auditing the books of a firm and of analyzing its financial status and operating results.
a detailed report of the financial state or transactions of a person, company, etc.
Origin of accounting:
a convincing explanation that reveals basic causes
"he was unable to give a clear accounting for his actions"
a system that provides quantitative information about finances
the occupation of maintaining and auditing records and preparing financial reports for a business
accounting, accounting system, method of accounting(noun)
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
account, accounting, account statement(noun)
a statement of recent transactions and the resulting balance
"they send me an accounting every month"
Kernerman English Learner's Dictionary
the process of keeping financial records
The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
A relaying of events; justification of actions.
He was required to give a thorough accounting of his time.
Origin: * First attested in the late 14th century.
U.S. National Library of Medicine
System of recording financial transactions.