Noun Accounting Definition and Examples


Noun:

Accounting

Pronunciation:

/əˈkaʊntɪŋ/

Definition:
1.

noun

The process or work of keeping financial accounts.
  1. as modifier 'standard accounting practice'
  2. 'You have a small general accounting practice and you plan to retire in the next ten years.'
  3. 'Once people have grasped the concepts, the bar graphs can be used in financial planning and accounting.'
  4. 'I think my financial and accounting experience will stand me in good stead for the council finances.'
  5. 'A graduate of the University of Tennessee, Hamilton majored in finance and accounting.'
  6. 'They were accused of poor book-keeping and accounting errors and were asked to step aside by the council.'
  7. 'There is no fancy stuff here; just straight accounting theory put into practice.'
  8. 'The company also provides financial accounting and technical helpdesk services to its clients.'
  9. 'Within a year, she got her first promotion, and she's now director of general accounting.'
  10. 'So the benefits of computerised accounting and payroll management are well established.'
  11. 'The energy giant is the latest company to face suspicion over its accounting and business practices.'
((p. pr. & vb. n.) of Account)


noun

1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (distinguished from bookkeeping).

2. a detailed report of the financial state or transactions of a person or entity: an accounting of the estate.

3. the rendering or submission of such a report.


Examples:

"There can be accounting practices."
"There can be accounting principles."
"There can be accounting policies."
"There can be accounting methods."
"There can be accounting rules."
"There can be accounting systems."
"There can be accounting firms."
"There can be accounting purposes."
"There can be accounting periods."
"There can be accounting changes."
"There can be accounting offices."
"There can be accounting rates."
"There can be accounting irregularities."
"There can be accounting procedures."
"There can be accounting treatments."
"There can be accounting tricks."
"There can be accounting officers."
"There can be accounting charges."
"There can be accounting records."
"There can be accounting problems."


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