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. 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.

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

  2. accountingnoun

    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  

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. Blake Mycoskie:

    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.

  2. Andrew Cuomo:

    We need a full accounting of the facts to confirm businesses are abiding by New York consumer protection laws and to help make sure this type of privacy breach does not happen again.

  3. Bank Vontobel:

    Swatch Group is the only (Swiss) player which also has a strong position in low to mid-end segments, swatch Group has a market share of 60-65 percent in the low to mid-end (accounting for 25 percent of sales).

  4. 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.

  5. Nancy Pelosi:

    White House doesn't have to drag on, we're in court on many of these cases whether it's the President's taxes, his bank accounts, his accounting emoluments, postal of other things. I think this probably would be done before the courts.

Images & Illustrations of accounting

  1. accountingaccountingaccountingaccountingaccounting

Popularity rank by frequency of use

accounting#1#1987#10000

Translations for accounting

From our Multilingual Translation Dictionary

Get even more translations for accounting »

Translation

Find a translation for the accounting definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

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:


Discuss these accounting definitions with the community:

0 Comments

    Citation

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

    Style:MLAChicagoAPA

    "accounting." Definitions.net. STANDS4 LLC, 2021. Web. 20 Oct. 2021. <https://www.definitions.net/definition/accounting>.

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

    Browse Definitions.net

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    that is looked for
    • A. busy
    • B. sought
    • C. dangerous
    • D. transparent

    Nearby & related entries:

    Alternative searches for accounting: