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 accountingnoun
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
account, accounting, account statementnoun
a statement of recent transactions and the resulting balance
"they send me an accounting every month"
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.
Etymology: * First attested in the late 14th century.
Samuel Johnson's Dictionary
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.
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
System of recording financial transactions.
A system that provides quantitative information relating to accounts and finance.
Accounting practices are easy and simple.Submitted by MaryC on March 4, 2020
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'accounting' in Spoken Corpus Frequency: #3832
Written Corpus Frequency
Rank popularity for the word 'accounting' in Written Corpus Frequency: #4739
Rank popularity for the word 'accounting' in Nouns Frequency: #1576
The numerical value of accounting in Chaldean Numerology is: 2
The numerical value of accounting in Pythagorean Numerology is: 8
Accounting for 20 or 25 percent of something complex like how well kids are doing in achievement tests is huge.
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.
We will enhance accounting transparency and strengthen the internal monitoring system.
The one-for-one model I’ve found is really effective in allowing a consumer to know exactly what’s going to happen. There is no ambiguity; there’s no crazy accounting. You buy a pair of shoes; we give a pair of shoes to a child in need.
The real key is how much data needs to be retained, location of servers, and whether the U.S. or China has responsibility for accounting.
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Translations for accounting
From our Multilingual Translation Dictionary
- laskentatoimi, kirjanpitoFinnish
- számvitel, könyvelésHungarian
- akunting, akuntansiIndonesian
- 会計学, 経理, 会計Japanese
- boekhouding, accountingDutch
- бухгалтерия, счетоводство, учетRussian
- räkenskap, bokf, bokföringSwedish
- கணக்கியல், கணக்கு வழக்குTamil
- kế toánVietnamese
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