Definition of “accounting” - English Dictionary

“accounting” in American English

See all translations

accountingnoun [ U ]

us /əˈkɑʊn·tɪŋ/

the job of keeping or examining the records of money received, paid, and owed by a company or person

(Definition of “accounting” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“accounting” in Business English

See all translations

accountingnoun [ U ]

uk /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.

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)