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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

... of excitement during this week. Everybody was ready with suggestions and conjectures, everybody wanted to account for the assault. At first there seemed no accounting for it at all, but at length some one recollected that Lowrie had been last seen with Spring and Braddy. They had "getten up a row betwixt theirsens, and t'others had ...

— That Lass O' Lowrie's - 1877 • Frances Hodgson Burnett

... commonest in Chemistry: chemical tests, says Herschel, "are almost universally crucial experiments." The following is abridged from Playfair (Encycl. Met., Diss. III.): The Chemists of the eighteenth century observed that metals were rendered heavier by calcination; and there were two ways of accounting for this: either something had been added in the process, though what, they could not imagine; or, something had been driven off that was in its nature light, namely, phlogiston. To decide between these hypotheses, Lavoisier hermetically sealed some tin in a glass retort, ...

— Logic - Deductive and Inductive • Carveth Read

... could not admire the Nelson Column, nor that which lends monumental distinction to the Duke of York. After Trajan's and that of the Place Vendome, each of which is a permanent and precious historical record, accounting sufficiently for its existence, there is something very unsatisfactory in these nude cylinders. That to the Duke of York might well have the confession of the needy knife grinder as an inscription on its base. I confess in all honesty that I vastly prefer the monument commemorating the fire to ...

— Our Hundred Days in Europe • Oliver Wendell Holmes

... will be made to your kinsman," said Oliver, smiling again, "and, my dearest son, when you return safe from the execution of this pleasing trust, I doubt not you will be found worthy of such promotion as will dispense with your accounting for your motions to any one, while it will place you at the head of those who must render an account of theirs ...

— Quentin Durward • Sir Walter Scott

... at the pitch of accounting for all the mental and physical peculiarities of Madame de M. by the presence of this slight blemish, and despite myself this black tooth personified the Countess so well that even now, although it has been replaced by another magnificent ...

— Monsieur, Madame and Bebe, Complete • Gustave Droz

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