What does accounting mean?

Definitions for accounting
əˈkaʊn tɪŋac·count·ing

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"

Wiktionary

  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.

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

  2. accounting(Noun)

    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.

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  

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?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say accounting in sign language?

  1. accounting

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. Robert Passikoff:

    It is a very elusive thing, i don't think there's ever been an accurate internal accounting of the value of his brand.

  3. Claude T Bissell:

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

  4. Ashton Carter:

    I cannot suggest support and stability for the defense budget without at the same time frankly noting that not every defense dollar is spent as well as it should be, the taxpayer cannot comprehend, let alone support, the defense budget when they read of cost overruns, lack of accounting and accountability, needless overhead and the like.

  5. Ami Zota:

    Not only are our results highly statistically significant, you also want to look at whether the effects are meaningful, in our case, we saw a 20 to 40 percent difference between those who didn’t eat fast food and the high consumers, which we also found was striking. This is after accounting for differences in age, sex, ethnicity, household income and BMI.

Images & Illustrations of accounting

  1. accountingaccountingaccountingaccountingaccounting

Popularity rank by frequency of use

accounting#1#1987#10000

Translations for accounting

From our Multilingual Translation Dictionary

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