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English definition of “accounting”

accounting

noun [U]
 
 
/əˈkaʊntɪŋ/ US   /-ṱɪŋ/ ACCOUNTING
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
(Definition of accounting from the Cambridge Business English Dictionary © Cambridge University Press)
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