Define: Accounting

UK Accounting Glossary

Definition: Accounting


Quick Summary of Accounting


The process of identifying, measuring and communicating financial information about an entity to permit informed judgements and decisions by users of the information.



What is the dictionary definition of Accounting?

Dictionary Definition



Full Definition of Accounting


Accounting (ACCG) definition: A systematic way of recording and reporting financial transactions for a business or organisation.


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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/accounting/
Modern Language Association (MLA):
Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 23, 2019 https://payrollheaven.com/define/accounting/.
Chicago Manual of Style (CMS):
Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accounting/ (accessed: August 23, 2019).
American Psychological Association (APA):
Accounting. PayrollHeaven.com. Retrieved August 23, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/accounting/

Definition Sources


Definitions for Accounting are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.