Accounting is the financial information system that identifies, records, and communicates the economic events of an organization to interested users.

Accounting is the process of measuring, interpreting, and communicating financial information to support internal and external business decision making.

Accounting is the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information.

Webster Dictionary Meaning

1. Accounting
- of Account
Share it:  Cite

More from this Section

  • Responsibility accounting
    Responsibility accounting is a part of management accounting that involves accumulating ...
  • Factoring company
    Factoring company is a firm that buys a business open-book accounts for sometimes consumer ...
  • Leveraging/ Trading on Equity
    Leveraging or trading on the equity at a gain means that the company has borrowed money ...
  • Sales invoice
    A sales invoice is a business document or a written evidence of the sale that supports ...
  • Capital Expenditure
    Capital Expenditure is expenditure which is incurred in purchasing new property which ...