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English definition of “accounts”


noun     /əˈkaʊnts/ ACCOUNTING
[plural] the set of official records that show the financial situation of a company and what it has spent , received , borrowed , etc. in a particular period : The company's accounts reveal that its highest-paid director received a salary of €307,000.annual/monthly/quarterly accounts In its first full set of annual accounts, the company recorded a pre-tax loss of €93,377.latest/most recent accounts The latest accounts for the year ending March 31 show that sales dipped by $1.4m to $19m. The company secretary is responsible for submitting the audited accounts to the Registrar of Companies .
[U] the department in a company or organization that prepares its financial information : I received a memo from a junior clerk in accounts. → See also abbreviated accounts, annual accounts, approved accounts, audited accounts, club accounts, company accounts, consolidated accounts, final accounts, group accounts, interim accounts, nominal account, public account, real accounts
(Definition of accounts noun from the Cambridge Business English Dictionary © Cambridge University Press)
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