Accounting

Pronunciation: /əˈkaʊntɪŋ/

Accounting (noun)

  1. The process of recording and organizing financial information for a business or person.
  2. The study or practice of preparing financial statements and reports.
  3. An explanation or justification of actions or decisions, often in a formal setting.

Examples

  • She studied accounting to manage finances better.
  • Accounting helps businesses track their expenses.

Common collocations: accounting skills, accounting software, basic accounting, accounting standards, accounting period

Synonyms of Accounting

Formal

Neutral

Informal