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Accounting or accountancy is the measurement, processing and communication of financial .... Accounting has variously been defined as the keeping or preparation of the financial records of an entity...

Accounting | Definition of Accounting by Merriam-Webster


the skill, system, or job of keeping the financial records of a business or person. Source: Merriam-Webster's Learner's Dictionary. Examples: accounting in a ...

What is accounting? definition and meaning - BusinessDictionary.com


Definition of accounting: Practice and body of knowledge concerned primarily with methods for recording transactions, keeping financial records, performing ...

What is Accounting? definition and meaning - InvestorWords.com


Definition of accounting: The systematic recording, reporting, and analysis of financial transactions of a business. The person in charge of accounting...

Accounting | Define Accounting at Dictionary.com


Accounting definition, the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating ...

What is Accounting? Definition and Meaning - AccountingVerse


In this lesson, we will present the definition of accounting and then break it down into important points for us to understand what accounting really is ...

Define Accounting - Accounting Basics for Students


In this short lesson we'll define accounting and take a look at the big picture of accounting.

Liability Definition - AccountingTools


Liability. Definition: A liability is a legally binding obligation payable to another entity. Liabilities are incurred in order to fund the ongoing activities of a business.

Expense Definition - AccountingTools


Definition: An expense is the reduction in value of an asset as it is used to generate revenue. If the underlying asset is to be used over a long period of time, the ...

Invoice Definition - AccountingTools


Invoice. Definition: An invoice is a document submitted to a customer, identifying a transaction for which the customer owes payment to the issuer. This document  ...

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Accounting Definition | Investopedia


The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing, analyzing ...

Accounting - definition of accounting by The Free Dictionary


The bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities , ...

Accounting dictionary definition | accounting defined - YourDictionary


The definition of accounting is the process of systematically recording and managing financial accounts. Preparing a Profit and Loss Statement is an example of ...