1. [ noun ] (accounting) the occupation of maintaining and auditing records and preparing financial reports for a business
Synonyms: accountancy
Related terms: occupation bookkeeping cost_accounting inventory_accounting carry_over account
2. [ noun ] (accounting) a convincing explanation that reveals basic causes

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

Related terms: explanation
3. [ noun ] a system that provides quantitative information about finances
Related terms: system balance_of_payments current_account good_will inventory debit review balanced unearned_income unbalanced internal_control straight-line_method write-off account
4. [ noun ] (accounting) a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Synonyms: method_of_accounting accounting_system
Related terms: register entry audited_account cash_basis credit_side debit_side pooling_of_interest control_account review accrual_basis ledger
5. [ noun ] (accounting,writing) a statement of recent transactions and the resulting balance
Synonyms: account account_statement

"they send me an accounting every month"

Related terms: statement profit_and_loss expense_account suspense_account capital_account capital_account balance account
Similar spelling:   account