Meaning & use
accounting
Last updated
The systematic recording, analysis, and reporting of financial transactions.
See it in a sentence
She studied accounting in college before becoming a certified public accountant.
The company's accounting department flagged an error in the quarterly report.
A note on using this word
Accounting can also mean a detailed explanation or justification, as in 'he gave a full accounting of how the funds were spent.'
Words with a similar meaning
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Another way to use it
2. noun
A detailed report or explanation, especially of how something was used or what happened.
The manager demanded a full accounting of the missing inventory.
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