accounting

1. (noun) a system that provides quantitative information about finances
Related Words: balance of international payments, balance of payments, current account, system, system of rules

2. (noun) a convincing explanation that reveals basic causes; "he was unable to give a clear accounting for his actions"
Related Words: account, explanation

3. (noun) a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Synonyms: accounting system, method of accounting
Related Words: accrual basis, audit, audited account, cash basis, control account, credit side, debit side, entry, ledger entry, limited review, pooling of interest, register, review

4. (noun) the occupation of maintaining and auditing records and preparing financial reports for a business
Synonyms: accountancy
Related Words: bookkeeping, business, clerking, cost accounting, line, line of work, occupation

5. (noun) a statement of recent transactions and the resulting balance; "they send me an accounting every month"
Synonyms: account, account statement
Related Words: capital account, expense account, financial statement, profit and loss, profit and loss account, statement, suspense account, travel and entertainment account



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