Accounting Definition
ə-kountĭng
noun
The bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities, and operating results of a business.
American Heritage
The principles or practice of systematically recording, presenting, and interpreting financial accounts.
Webster's New World
A statement of debits and credits.
Webster's New World
A settling or balancing of accounts.
Webster's New World
The act or a system of establishing how the assets of a business, estate, trust, or other similar entity were managed and disposed of.
Webster's New World Law
Synonyms:
- account
- account-statement
- quantization
- quantification
- accountancy
- method of accounting
- accounting system
verb
Present participle of account.
Wiktionary
Other Word Forms of Accounting
Noun
Singular:
accounting
Plural:
accountingsOrigin of Accounting
First attested in the late 14th century.
From Wiktionary
-
account + -ing
From Wiktionary
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