Definition of accounting in US English:

accounting

noun

  • The action or process of keeping financial accounts.

    • ‘The meeting approved the report on the fiscal year 2001, the annual accounting and the auditor report.’
    • ‘Once people have grasped the concepts, the bar graphs can be used in financial planning and accounting.’
    • ‘It is equally clear that current standard accounting rules aren't sufficient.’
    • ‘The company also provides financial accounting and technical helpdesk services to its clients.’
    • ‘Chang sees his role as that of a business advisor, not limited to bookkeeping and accounting.’
    • ‘The energy giant is the latest company to face suspicion over its accounting and business practices.’
    • ‘A graduate of the University of Tennessee, Hamilton majored in finance and accounting.’
    • ‘I think my financial and accounting experience will stand me in good stead for the council finances.’
    • ‘But you have flouted common sense in matters of good accounting and book-keeping.’
    • ‘You have a small general accounting practice and you plan to retire in the next ten years.’
    • ‘Within a year, she got her first promotion, and she's now director of general accounting.’
    • ‘Education is increasingly driven by issues about financial resources and accounting.’
    • ‘Finding people with significant experience in finance or accounting may prove challenging.’
    • ‘There is no fancy stuff here; just straight accounting theory put into practice.’
    • ‘They were accused of poor book-keeping and accounting errors and were asked to step aside by the council.’
    • ‘So the benefits of computerised accounting and payroll management are well established.’
    • ‘She is an independent contractor and previously taught as an assistant professor of accounting.’
    • ‘The ailing hospital chain already faces a criminal investigation into its accounting.’
    • ‘The accounting system registers the order and starts the invoicing process.’
    • ‘The profits of a trader for tax purposes are computed using the ordinary principles of commercial accounting.’
    financial affairs, money matters, pecuniary matters, fiscal matters, economics, money management, commerce, business, investment, banking
    View synonyms

Pronunciation

accounting

/əˈkaʊn(t)ɪŋ//əˈkoun(t)iNG/