Accounting


Accounting
To provide a record such as funds paid or received for a person or business. Accounting summarizes and submits this information in reports and statements. The reports are intended both for the firm itself and for outside parties.

Concise accounting helps management make accurate decisions.


Investment dictionary. . 2012.

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  • accounting — ac‧coun‧ting [əˈkaʊntɪŋ] noun [uncountable] 1. ACCOUNTING JOBS the usual word for the profession of accountancy in the US 2. ACCOUNTING the work of keeping a company s financial records, recording its income and expenses, and its business deals:… …   Financial and business terms

  • accounting — ac·count·ing n 1: an often court ordered presentment or examination of accounts a complete accounting would be necessary to determine the nature of the expenditures Case & Comment 2: the settlement by judicial action of the assets of a… …   Law dictionary

  • accounting — (n.) reckoning of numbers, late 14c., from prp. of ACCOUNT (Cf. account) (v.). Phrase no accounting for tastes (1823) translates Latin de gustibus non est disputandum …   Etymology dictionary

  • accounting — accounting; re·accounting; …   English syllables

  • accounting — [n] keeping financial accounts auditing, balancing the books*, bookkeeping, calculating, computing, reckoning; concepts 28,764 …   New thesaurus

  • accounting — ► NOUN ▪ the keeping of financial accounts …   English terms dictionary

  • accounting — [ə kount′iŋ] n. 1. the principles or practice of systematically recording, presenting, and interpreting financial accounts 2. a statement of debits and credits 3. a settling or balancing of accounts …   English World dictionary

  • accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium

  • accounting — I (New American Roget s College Thesaurus) Keeping of financial records Nouns 1. (act of accounting) accounting, accountance, accountancy, bookkeeping, audit, calculation (See numeration), commercial or business arithmetic; cost or managerial… …   English dictionary for students

  • accounting — An act or a system of making up or settling accounts, consisting of a statement of account with debits and credits arising from relationship of parties. State ex rel. King v. Harvey, Miss., 214 So.2d 817, 819. Rendition of an account, either… …   Black's law dictionary

  • accounting — An act or a system of making up or settling accounts, consisting of a statement of account with debits and credits arising from relationship of parties. State ex rel. King v. Harvey, Miss., 214 So.2d 817, 819. Rendition of an account, either… …   Black's law dictionary