Accounting vs. Accountancy

Accountingverb

present participle of account

Accountingnoun

(accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.

Accountingnoun

A relaying of events; justification of actions.

Accountingadjective

Of or relating to accounting.

Accountingnoun

a convincing explanation that reveals basic causes;

Accountingnoun

a system that provides quantitative information about finances

Accountingnoun

the occupation of maintaining and auditing records and preparing financial reports for a business

Accountingnoun

a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts

Accountingnoun

a statement of recent transactions and the resulting balance;

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the , measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators.

Accountancynoun

The function of compiling and providing financial information primarily by reports referred to as financial statements. Accounting includes bookkeeping, systems design, analysis and interpretation of accounting information.

Accountancynoun

A company or organisation that performs such a function.

Accountancynoun

The art or employment of an accountant.

Accountancynoun

the occupation of maintaining and auditing records and preparing financial reports for a business