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accounting

accounting

199 3.2
Keeping and checking records and reports about a business's money
  • noun
  • /əˈkaʊntɪŋ/
  • Specialized
translation icon : contabilidad
  • The accounting practices at the company ensure all financial records are accurate and up to date.
  • financial accounting
  • management accounting
  • public accounting

I'm going to go do some accounting now at my desk.

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Examples

  • You know, studying accounting is a great thing to do.

  • I work at Garfinkel's, in the accounting department.

  • So there is a way to do all this accounting for people who care.

  • I ended up changing my course and I went on to do accounting and finance.

  • It's an accounting firm in New York.

  • I work for Ross and White, the accounting firm.

  • One class that was so surprisingly interesting was my accounting class in Business School.

  • I'm going to go do some accounting now at my desk.

  • They might be doing accounting, trying to solve some complex accounting issue.

  • I graduated about six months ago with my accounting degree and spreadsheets are sexy.

Synonyms

accountancy
vsaccounting
  • UK
3 4.4

Work of keeping and checking financial records for organizations

is broader and covers systems, auditing, and reporting as well as the profession

Compounds

accounting firm
  • Specialized
20 2.7

A company that keeps and checks money records and helps with taxes for businesses and people

accounting system
  • Specialized
4 3.1

A way to record and track a business's money and payments

creative accounting
  • Literature
2 6.7

Use of legal methods to make a company's money situation look better than it really is

accounting standard
  • Specialized
2 3.8

A rule made by an official group that tells how to record money in company accounts

accounting principle
  • Specialized
1 3.9

A rule companies use to record and report the money they receive and pay

cost accounting
  • Specialized
1 5.1

A way for a company to record and study how much money it spends to make and sell products

A set of rules accountants use to prepare financial reports

accounting data
  • Specialized
1 2.8

Information kept in ledgers or spreadsheets that helps make financial reports

accounting entry
  • Specialized
1 3.2

A record in a company's books that shows money going in or out

accounting ratio
  • Specialized
4.4

A number that compares two amounts in a company's accounts to show performance

An independent U.S. agency that helps Congress check how the government spends public money

inventory accounting
  • Specialized
5.2

A way of recording and valuing goods a business has to manage them

How Complex

to audit
  • Specialized
17 4.2
accounting
  • Specialized
199 3.2
bookkeeping
  • Specialized
26 3.0

Surface Forms

accounting singular
accountings plural

Morphology

accounting = account (transparent) = account + ing

A straightforward nominalization from the verb 'account' using '-ing' to denote the process, profession, or activity of recording financial transactions.

Etymology

Accounting comes from an old root meaning 'to count', which you can see in the simple word count and in compute. So accounting is about counting and recording money and numbers, which is why it means the job or system of keeping financial records.