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Definition of 'accounting'

See also: account 

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
       Synonyms: accountancy
  4. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
       Synonyms: accounting system method of accounting
  5. a statement of recent transactions and the resulting balance; "they send me an accounting every month"
       Synonyms: account account statement


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