What does Accounting mean?

Definitions for Accountingəˈkaʊn tɪŋ

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

Princeton's WordNet

  1. accounting(noun)

    a convincing explanation that reveals basic causes

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

  2. accounting(noun)

    a system that provides quantitative information about finances

  3. accountancy, accounting(noun)

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

  4. 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

  5. account, accounting, account statement(noun)

    a statement of recent transactions and the resulting balance

    "they send me an accounting every month"


  1. accounting(Noun)

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

  2. accounting(Noun)

    A relaying of events; justification of actions.

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

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

Webster Dictionary

  1. Accounting

    of Account


  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.

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


  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

Sample Sentences & Example Usage

  1. Terry Gou:

    We have very conservative accounting principles.

  2. Yuji Hosono:

    It's compliant, but goes against the principle of accounting.

  3. An Oracle spokeswoman:

    We are confident that all our cloud accounting is proper and correct.

  4. Jose Eduardo Cardozo:

    It is absurd to remove a legitimately elected president for an accounting problem.

  5. Claude T Bissell:

    The Social Sciences are good at accounting for disasters once they have taken place.

Images & Illustrations of Accounting

  1. AccountingAccountingAccounting

Translations for Accounting

From our Multilingual Translation Dictionary

Get even more translations for Accounting »


Find a translation for the Accounting definition in other languages:

Select another language:

Discuss these Accounting definitions with the community:

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:     


Use the citation below to add this definition to your bibliography:


"Accounting." Definitions.net. STANDS4 LLC, 2018. Web. 21 Feb. 2018. <https://www.definitions.net/definition/Accounting>.

Are we missing a good definition for Accounting? Don't keep it to yourself...

Nearby & related entries:

Alternative searches for Accounting:

Thanks for your vote! We truly appreciate your support.