accounting

Noun

Open English WordNet

Noun (5)

  1. a convincing explanation that reveals basic causes“he was unable to give a clear accounting for his actions”Type of explanation, account
  2. a system that provides quantitative information about financesType of system, system of rulesKinds balance of payments, current account
  3. the occupation of maintaining and auditing records and preparing financial reports for a businessSynonyms: accountancyType of occupation, businessKinds bookkeeping, cost accounting, inventory accounting
  4. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accountsSynonyms: accounting systemmethod of accountingType of registerKinds entry, audited account, cash basis, credit side, review, control account, pooling of interest, accrual basis, debit sideMember of ledger, leger
  5. a statement of recent transactions and the resulting balance“they send me an accounting every month”Synonyms: accountaccount statementType of statement, financial statementKinds profit and loss, expense account, capital account, suspense accountParts balance
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Webster's Dictionary (1913)

“accounting” is listed under Account.

Ac·count′ (…), transitive verb [past tense & past participle Accounted; present participle & verbal noun Accounting.]

Origin: OE. acounten, accompten, OF. aconter, à (L. ad) + conter to count. F. conter to tell, compter to count, L. computare. See Count, transitive verb

1. To reckon; to compute; to count. obsolete

The motion of... the sun whereby years are accounted.— Sir Thomas Browne

2. To place to one's account; to put to the credit of; to assign; — with to. rare Edward Hyde, first earl of Clarendon

3. To value, estimate, or hold in opinion; to judge or consider; to deem.

Accounting that God was able to raise him up.— Heb. xi. 19.

4. To recount; to relate. obsolete Geoffrey Chaucer

Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54

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