accounting

noun

ac·​count·​ing ə-ˈkau̇n-tiŋ How to pronounce accounting (audio)
1
: the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results
also : the principles and procedures of this system
studied accounting as a freshman
2
a
: work done in accounting or by accountants
b
: an instance of applied accounting or of the settling or presenting of accounts
3
: account sense 2
They were required to provide a detailed accounting of their actions.

Examples of accounting in a Sentence

what accounting can you give for your bizarre actions on the night in question?
Recent Examples on the Web Professional and business services, however, include 23 million workers in a wide variety of fields, including law, accounting, architectural and marketing firms; HR consulting companies; temporary staffing firms; travel agencies; and office administration services. Paul Davidson, USA TODAY, 11 Apr. 2024 Graduates’ careers are varied, including law, education, accounting, health and scientific research. Jan Goldsmith, San Diego Union-Tribune, 5 Apr. 2024 He will be based in Sweden and have responsibility for financial planning and analysis, audit and risk, investor relations, accounting, corporate development, tax and treasury, Spotify said. Georg Szalai, The Hollywood Reporter, 4 Apr. 2024 Multinationals like Goldman Sachs, Victoria’s Secret and the Economist magazine have flocked to the city and set up hundreds of operational hubs — known as global capability centers — to handle accounting, design products, develop cybersecurity systems and artificial intelligence, and more. Patricia Cohen, New York Times, 2 Apr. 2024 The comptroller oversees all the county's debt as well as several county divisions, including accounting, payroll administration and auditing. Journal Sentinel, 2 Apr. 2024 Tim York is the Chief Growth Officer of leading accounting and consulting firm FORVIS. Tim York, Forbes, 28 Mar. 2024 The opinions expressed in this article are not intended to replace any professional or expert accounting and/or tax advice whatsoever. Melissa Houston, Forbes, 30 Mar. 2024 Moore, who was serving as interim principal financial officer, will also continue to serve in his role as the principal accounting officer of the company. Sheryl Estrada, Fortune, 29 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'accounting.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Middle English acountynge "reckoning, calculation," from gerund of accounten "to account entry 2"

First Known Use

circa 1676, in the meaning defined at sense 2b

Time Traveler
The first known use of accounting was circa 1676

Dictionary Entries Near accounting

Cite this Entry

“Accounting.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accounting. Accessed 17 Apr. 2024.

Kids Definition

accounting

noun
ac·​count·​ing ə-ˈkau̇nt-iŋ How to pronounce accounting (audio)
1
: the system or practice of recording the amounts of money made and spent by a person or business
2
: a statement explaining one's conduct : account sense 5a

Legal Definition

accounting

noun
ac·​count·​ing
1
: an often court-ordered presentment or examination of accounts
a complete accounting would be necessary to determine the nature of the expendituresCase & Comment
2
: the settlement by judicial action of the assets of a partnership (as upon dissolution)

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