Meaning Of The Word Accounting

Real Dictionary

What's the definition of Accounting? Find Accounting meanings, definitions and more at the Real Dictionary online.

Accounting Meaning

Accounting Definition
Accounting Definition

What's The Definition Of Accounting?

accounting
uncountable noun: Accounting is the activity of keeping detailed records of the amounts of money a business or person receives and spends.

accounting in Accounting
noun: Accounting is the activity of keeping financial records.

accounting in American English
the principles or practice of systematically recording, presenting, and interpreting financial accounts
noun: 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. (distinguished from bookkeeping)

accounting in British English
noun: the skill or practice of maintaining and auditing accounts and preparing reports on the assets, liabilities, etc, of a business

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