What does Accounting mean?

Definitions for Accounting
əˈkaʊn tɪŋAccount·ing

Here are all the possible meanings and translations of the word Accounting.

Princeton's WordNet

  1. accountingnoun

    a convincing explanation that reveals basic causes

    "he was unable to give a clear accounting for his actions"

  2. accountingnoun

    a system that provides quantitative information about finances

  3. accountancy, accountingnoun

    the occupation of maintaining and auditing records and preparing financial reports for a business

  4. accounting, accounting system, method of accountingnoun

    a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts

  5. account, accounting, account statementnoun

    a statement of recent transactions and the resulting balance

    "they send me an accounting every month"

Wiktionary

  1. accountingnoun

    The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.

  2. accountingnoun

    A relaying of events; justification of actions.

    He was required to give a thorough accounting of his time.

  3. Etymology: * First attested in the late 14th century.

Samuel Johnson's Dictionary

  1. Accountingnoun

    The act of reckoning, or making up of accounts.

    Etymology: from account.

    This method faithfully observed, must keep a man from breaking, or running behind hand in his spiritual estate; which, without frequent accountings, he will hardly be able to prevent. Robert South, Sermons.

Webster Dictionary

  1. Accounting

    of Account

Freebase

  1. Accounting

    Accounting, or accountancy, is the measurement, processing and communication of financial information about economic entities. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms accounting and financial reporting are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, auditing, and tax accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.

U.S. National Library of Medicine

  1. Accounting

    System of recording financial transactions.

Editors Contribution

  1. accounting

    A system that provides quantitative information relating to accounts and finance.

    Accounting practices are easy and simple.


    Submitted by MaryC on March 4, 2020  

Matched Categories

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Accounting' in Spoken Corpus Frequency: #3832

  2. Written Corpus Frequency

    Rank popularity for the word 'Accounting' in Written Corpus Frequency: #4739

  3. Nouns Frequency

    Rank popularity for the word 'Accounting' in Nouns Frequency: #1576

How to pronounce Accounting?

How to say Accounting in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Accounting in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of Accounting in Pythagorean Numerology is: 8

Examples of Accounting in a Sentence

  1. Goldcorp Chief Executive Chuck Jeannes:

    I absolutely think it's overdone. I'm always surprised by how one day, a quarter of the market cares so much about GAAP (generally accepted accounting principles) earnings and whether there's a miss or not, the operations performed extremely well, we grew production, our cash all-in-sustaining costs were down, we generated $243 million of free cash flow, paid down debt, put money in the bank. All the things that you're supposed to do.

  2. Marianne Baker:

    In all my years working for Senator Vice President Biden, I never once witnessed, or heard of, or received, any reports of inappropriate conduct, period -- not from Ms. Tara Reade, not from anyone. I have absolutely no knowledge or memory of Ms. Reade's accounting of events, which would have left a searing impression on me as a woman professional, and as a manager, these clearly false allegations are in complete contradiction to both the inner workings of our Senate office and to the man I know and worked so closely with for almost two decades.

  3. Gina Raimondo:

    Legislators deserve respect. They deserve to be listened to. They go back every week to their districts, and they have to be held to an accounting by their constituents, and I just really respect that.

  4. David Letterman:

    There's no business like show business, but there are several businesses like accounting.

  5. David Keating:

    I don't think there are any efficiency gains from doing it this way -- the accounting headaches are not insignificant having been on that end of trying to report stuff like this, it seems like a big hassle.

Popularity rank by frequency of use

Accounting#1#1987#10000

Translations for Accounting

From our Multilingual Translation Dictionary

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