Lexic.us

Definition of Accounting

1. Noun. A convincing explanation that reveals basic causes. "He was unable to give a clear accounting for his actions"

2. Noun. A system that provides quantitative information about finances.

3. Noun. The occupation of maintaining and auditing records and preparing financial reports for a business.

4. Noun. A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.

5. Noun. A statement of recent transactions and the resulting balance. "They send me an accounting every month"

Definition of Accounting

1. Verb. (present participle of account) ¹

2. Noun. (context: accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization. ¹

3. Noun. A relaying of events; justification of actions. ¹

¹ Source: wiktionary.com

Definition of Accounting

1. [n -S]

Medical Definition of Accounting

1. System of recording financial transactions. (12 Dec 1998)

Accounting Pictures

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Lexicographical Neighbors of Accounting

accountant accountant's lien accountant's liens accountant general accountantlike accountants accountants general accountantship accountantships accounted

accounted-for accounter accounters accountholder accountholders accounting (current term) accounting cost accounting costs accounting data accounting entry

accounting firm accounting machine accounting machines accounting principle accounting profit accounting standard accounting system accountings accountment accountments

Literary usage of Accounting

Below you will find example usage of this term as found in modern and/or classical literature:

1. Convention by National Electric Light Association Convention, National Independent Meat Packers Association, University of Georgia College of Agriculture, University of Georgia Dept. of Food Science (1915)
"accounting SESSIONS FIRST accounting SESSION JUNE 8 i—Address of Chairman HM EDWARDS 2—Report of the Library Committee EJ ALLEGAERT 3—Report of ..."

2. OECD Economic Surveys by OECD Staff (2004)
"A3 The transition to international accounting standards The full transition to ... There is still no law on consolidated accounting, although the government ..."

3. Industrial Arts Index by H.W. Wilson Company (1914)
"J Account 15:248-58 Ap '13 accounting system for a municipal hospital. ... I'ower 38:697-700 N 11 '13 accounting system for small lighting companies. ..."

4. Report by North Dakota State Budget Board (1912)
"A prerequisite to any intelligent consideration of the cost of government is a system of accounting that will enable the observer to determine, ..."

5. Publications of the American Statistical Association by American Statistical Association (1920)
"Cost accounting, by J. Lee Nicholson, CPA, and John FD Rohrbach, CPA New York: The Ronald Press, 1919. 576 pp. The readers of the QUARTERLY who are engaged ..."

6. Transactions of the American Institute of Mining, Metallurgical and (1917)
"I shall attempt to outline a system embracing the essentials of accounting, and simple enough in form to permit one or two persons to carry it on from month ..."

Other Resources Relating to: Accounting