accounting Hear it!

accounting definition

ac·count·ing (ə ko̵unt′iŋ)

noun

  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

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Alternate definitions:

finance accounting definition - finance

law accounting definition - legal

accounting Usage Examples

Converse of object

  • computerize: For those that do not we can help them convert to computerized accounting with a fixed price installation and training program.

Preposition: for

  • VAT: This would make accounting for VAT far easier " .

Adjective modifier

  • equitable: In all the circumstances, there should not be any equitable accounting in respect of the cost of improvements to the property.

Modifies a noun

  • period: These records must be kept for six years from the end of the accounting period.

Noun used with modifier

  • accrual: For example, the SAI used interchange options for the staff to gain experience on auditing accrual accounting in government.
accounting usage examples (more)

The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.

accounting quotes

An efficient organization is one in which the accounting department knows the exact cost of every useless administrative procedure which they themselves have initiated.

-Steacie, E W

Capital accounting in its formally most rational shape†presupposes the battle of man with man.

-Weber, Max

Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well onpaper, suchasnational budgets or industrial balance sheets.

-Weil, Simone

accounting quotes (more)

Webster's New World Dictionary of Quotations Copyright © 2005 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.

Link to this page:

Cite this page:

MLA Style

"accounting." Webster's New World College Dictionary. 2009

  • Your Dictionary. 4 July 2009
  • <www.yourdictionary.com/accounting>

APA Style

accounting. (2009). In Webster's New World College Dictionary

  • Retrieved July 4th, 2009, from www.yourdictionary.com/accounting

Comments:

Please or Register to post a comment