accounting accounting /əˈkaʊntɪŋ/

noun

1. () The occupation of maintaining and auditing records and preparing financial reports for a business  ( accountancy , accounting )
   the occupation of maintaining and auditing records and preparing financial reports for a business
   
2. () A system that provides quantitative information about finances  ( accounting )
   a system that provides quantitative information about finances
   
3. () A convincing explanation that reveals basic causes  ( accounting )
   a convincing explanation that reveals basic causes
    He was unable to give a clear accounting for his actions
   he was unable to give a clear accounting for his actions
   
4. A statement of recent transactions and the resulting balance  ( account , account statement , accounting )
   a statement of recent transactions and the resulting balance
    They send me an accounting every month
   they send me an accounting every month
   
5. A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts  ( accounting , accounting system , method of accounting )
   a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts