Read the dictionary definition of accounting. All definitions for this word.
1. the occupation of maintaining and auditing records and preparing financial reports for a business
2. a system that provides quantitative information about finances
3. a convincing explanation that reveals basic causes
1. he was unable to give a clear accounting for his actions
4. a statement of recent transactions and the resulting balance
1. 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