ACCOUNTING • DICTIONARY ONE.COM • Definition of Accounting

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/əkˈaʊntɪŋ/ /əkˈaʊnɪŋ/ Listen

Accounting

noun

A convincing explanation that reveals basic causes.

A system that provides quantitative information about finances.

The occupation of maintaining and auditing records and preparing financial reports for a business. Synonym: accountancy.

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.

A statement of recent transactions and the resulting balance. Synonyms: account, account statement.

Account

verb

(past & past part. accounted; pres. part. accounting)

Be the sole or primary factor in the existence, acquisition, supply, or disposal of something.

Keep an account of. Synonym: calculate.

To give an account or representation of in words. Synonyms: describe, report.

Furnish a justifying analysis or explanation. Synonym: answer for.

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"Accounting" Quotes from Famous Books

... "There's no accounting for what fish will do," said the mate, smiling. "That's right; let it go. I've caught mackerel often enough on the Cornish coast with a hook at the end of a piece of gut run through a broken scrap of ...

— Jack at Sea - All Work and no Play made him a Dull Boy • George Manville Fenn

... by the bed uncertain whether or not to call a physician, when in a pleased but excited manner she called out to him "to see all those little girls." She imagined that little girls were all around her, and although somewhat puzzled in accounting for their presence, yet she appeared greatly ...

— Mrs Whittelsey's Magazine for Mothers and Daughters - Volume 3 • Various

... has never been amenable to rigorous cost accounting in advance. Nor, for that matter, has exploration of any sort. But if we have learned one lesson, it is that research and exploration have a remarkable way of paying off—quite apart from the fact that they demonstrate that man is alive and insatiably ...

— The Practical Values of Space Exploration • Committee on Science and Astronautics

... be firm. As for the fifty-five florins, the purchase-money of the ring, Tito had made up his mind what to do with some of them; he would carry out a pretty ingenious thought which would set him more at ease in accounting for the absence of his ring to Romola, and would also serve him as a means of guarding her mind from the recurrence of those monkish fancies which were especially repugnant to him; and with this thought in his mind, he went to the Via Gualfonda to find Piero di Cosimo, the artist who at that ...

— Romola • George Eliot

... of the poetical faculty is still more observable in the plastic and pictorial arts; a great statue or picture grows under the power of the artist as a child in the mother's womb; and the very mind which directs the hands in formation is incapable of accounting to itself for the origin, the gradations, or the media of ...

— English Critical Essays - Nineteenth Century • Various

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