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Dictionary

  Definition of accounting
  1. the occupation of maintaining and auditing records and preparing financial reports for a business
  2. a system that provides quantitative information about finances
  3. a convincing explanation that reveals basic causes; "he was unable to give a clear accounting for his actions"
  4. a statement of recent transactions and the resulting balance; "they send me an accounting every month"
  5. a bookkeeper''s chronological list of related debits and credits of a business; forms part of a ledger of accounts
Similar Words: accountancy, account, account statement, accounting system, method of accounting

 

Hyponyms: cost accounting, bookkeeping, clerking, inventory accounting, balance of payments, balance of international payments, current account, capital account, profit and loss, profit and loss account, suspense account, expense account, travel and entertainment account, control account, entry, accounting entry, ledger entry, credit side, debit side, accrual basis, cash basis, pooling of interest, audited account, audit, review, limited review

 

Member Meronyms: ledger, leger, account book, book of account, book

 

Derivational Morphology: account, calculate

 

Anagrams: acting out

 

 
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