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[uh-koun-ting] /əˈkaʊn tɪŋ/
the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (distinguished from bookkeeping).
a detailed report of the financial state or transactions of a person or entity:
an accounting of the estate.
the rendering or submission of such a report.
Origin of accounting
Middle English word dating back to 1350-1400; See origin at account, -ing1
Can be confused
accounting, bookkeeping, finance(s) Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for accountings
Historical Examples
  • An act of justice now will be worth a thousand future "accountings" after the long agony of the world is over.

    The Case of Edith Cavell James M. Beck
British Dictionary definitions for accountings


  1. the skill or practice of maintaining and auditing accounts and preparing reports on the assets, liabilities, etc, of a business
  2. (as modifier): an accounting period, accounting entity
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for accountings



"reckoning of numbers," late 14c., verbal noun from account (v.). Phrase no accounting for tastes (1823) translates Latin de gustibus non est disputandum.

Online Etymology Dictionary, © 2010 Douglas Harper
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accountings in Culture

accounting definition

The system of recording and auditing business transactions. (See audit.)

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Slang definitions & phrases for accountings


Related Terms

creative accounting

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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