 accounting |
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| 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 | |
| Examples: | "he was unable to give a clear accounting for his actions" |
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| 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 | |
| Examples: | "they send me an accounting every month" |
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| Related terms: | statement profit_and_loss expense_account suspense_account capital_account capital_account balance account | |
| Similar spelling: |
account accenting accountant aconite accountancy accountable account_for Aconitum account_book |
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