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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.
Generic synonyms: System, System Of Rules
Specialized synonyms: Balance Of International Payments, Balance Of Payments, Current Account
Derivative terms: Account
3. Noun. The occupation of maintaining and auditing records and preparing financial reports for a business.
Generic synonyms: Business, Job, Line, Line Of Work, Occupation
Specialized synonyms: Cost Accounting, Bookkeeping, Clerking, Inventory Accounting
Examples of category: Carry Forward, Carry Over
Derivative terms: Accountant, Account
4. Noun. A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.
Group relationships: Account Book, Book, Book Of Account, Ledger, Leger
Specialized synonyms: Control Account, Accounting Entry, Entry, Ledger Entry, Credit Side, Debit Side, Accrual Basis, Cash Basis, Pooling Of Interest, Audit, Audited Account, Limited Review, Review
Generic synonyms: Register
Derivative terms: Account
5. Noun. A statement of recent transactions and the resulting balance. "They send me an accounting every month"
Generic synonyms: Financial Statement, Statement
Specialized synonyms: Capital Account, Capital Account, Profit And Loss, Profit And Loss Account, Suspense Account, Expense Account, Travel And Entertainment Account
Terms within: Balance
Derivative terms: Account
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)
Lexicographical Neighbors of Accounting
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:
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