Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • 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.

from The Century Dictionary.

  • noun Reckoning; computation; counting.
  • noun An examination, reckoning, rendering, or balancing of accounts so as to arrive at the true state of any transaction or course of transactions: as, the court ordered an accounting; the parties came to an accounting.
  • noun The art or science of keeping accounts; the principles or methods of account-keeping; accountancy: as, manufacturing accounting; mercantile accounting.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb Present participle of account.
  • noun accounting The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
  • noun A relaying of events; justification of actions.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a system that provides quantitative information about finances
  • noun a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • noun a convincing explanation that reveals basic causes
  • noun a statement of recent transactions and the resulting balance
  • noun the occupation of maintaining and auditing records and preparing financial reports for a business

Etymologies

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Examples

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