Business Dictionary :

Previous Page

Accounting : noun : work of recording money paid, received, borrowed or owed

Accounting machine, accounting methods, accounting procedures and accounting system are few other terms associated with Accounting.

Accounting Period : period usually covered by a firm's accounts

Cost Accounting = preparing special accounts of manufacturing and sales costs

Current Cost Accounting = method of accounting which notes the cost of replacing assets at current prices rather than valuing assets at their original cost

NOTE : no plural

QUOTE : All applicants will be professionally qualified and have a degree in Commerce or Accounting. (Australian Financial Review)

Business Dictionary Index

From Accounting to HOME PAGE