Accounting

Pronunciation

• IPA: /É™.ˈkaÊŠn.tɪŋ/

Origin

• First attested in the late 14th century.
• account + -ing

Verb

1. Present participle of account

Noun

1. (accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
2. A relaying of events; justification of actions.He was required to give a thorough accounting of his time.

Derived terms