LanGeekLanGeek Dictionary

Accounting

British pronunciation/ɐkˈa‍ʊntɪŋ/
American pronunciation/əˈkaʊnɪŋ/, /əˈkaʊntɪŋ/
Accounting
[NOUN]
1

the job that involves keeping financial accounts or making financial reports

synonyms : accountancy
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accounting definition and meaning
2

the system of keeping financial accounts and the regarding information

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3

a convincing explanation that reveals basic causes

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4

a statement of recent transactions and the resulting balance

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5

a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts

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Examples
1The accounting team worked long hours to close the books for the year and meet the deadline.
2The CEO was accused of engaging in creative accounting practices to inflate the company's stock price.
3I was dragged over the coals by my boss last week for messing up the accounting software.
4The company's financial statements looked great on paper, but it turned out they were using creative accounting techniques to hide their true financial position.
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