accounting

word

/əˈkaʊnɪŋ/
uh-KOWN-ing
/ɐkˈaʊntɪŋ/
uh-KOWN-ting

Definition

The process or work of keeping financial records, analyzing them, and reporting financial results for a company or person.

Usage & Nuances

Mainly used as a business or technical term in finance; common collocations include 'financial accounting', 'managerial accounting', and 'accounting department'. Not the same as 'counting'—it means organizing and analyzing financial data, not just adding numbers.

Example Sentences

She works in the accounting department.

basic

Accounting requires attention to detail.

basic

He studies accounting at university.

basic

I'm really bad at accounting, so I hire someone to do my taxes.

natural

With good accounting, small businesses can grow faster.

natural

Our boss always says accounting is the backbone of the company.

natural