English dictionary

accounting meaning and definition

Definition and meaning of accounting at MeaningMonkey.org. accounting meaning and definition in the English Dictionary.

ACCOUNTING noun

Definition of accounting (noun)

  1. a convincing explanation that reveals basic causes
    • "he was unable to give a clear accounting for his actions"
  2. a system that provides quantitative information about finances
  3. the occupation of maintaining and auditing records and preparing financial reports for a business
  4. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  5. a statement of recent transactions and the resulting balance
Source: Princeton University Wordnet

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