accounting
/əˈkaʊntɪŋ/
/-ṱɪŋ/ noun [U] ACCOUNTINGDefinition
› the work of preparing the financial records of people, companies, or organizations: accounting methods/practices/procedures The lawsuit alleges that the company "has engaged in a pattern of questionable business and accounting practices".accounting irregularities/issues/scandals Shares in the group halved in January when it revealed accounting irregularities at its North American business. accounting packages/software/solutions
› (UK accountancy) the job of being an accountant: Accounting has always been a popular career for women. an accounting firm
› (UK accountancy) the education that is needed to become an accountant: He attended Cleveland State University, where he earned a degree in accounting. → See also accrual accounting, budgetary accounting, cash accounting, cash basis accounting, cost accounting, creative accounting, current cost accounting, current value accounting, equity accounting, fair value accounting, false accounting, financial accounting, forensic accounting, inflation accounting, social accounting, tax accounting
(Definition of accounting noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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