accounting
English Thesaurus
1. the occupation of maintaining and auditing records and preparing financial reports for a business (noun.act)
| hyponym | : | cost accounting, |
| definition | : | keeping account of the costs of items in production (noun.act) |
| hyponym | : | bookkeeping, clerking, |
| definition | : | the activity of recording business transactions (noun.act) |
| hyponym | : | inventory accounting, |
| definition | : | accounting that controls and evaluates inventory (noun.act) |
| domain member category | : | carry forward, carry over, |
| definition | : | transfer from one time period to the next (verb.motion) |
2. a system that provides quantitative information about finances (noun.cognition)
| hypernym | : | system, system of rules, |
| definition | : | a complex of methods or rules governing behavior (noun.cognition) |
| hyponym | : | current account, |
| definition | : | that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments (noun.possession) |
| domain member category | : | internal control, |
| definition | : | an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud and error etc. (noun.act) |
| domain member category | : | unearned income, unearned revenue, |
| definition | : | (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet) (noun.possession) |
| domain member category | : | write-down, write-off, |
| definition | : | (accounting) reduction in the book value of an asset (noun.possession) |
| domain member category | : | good will, goodwill, |
| definition | : | (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets) (noun.possession) |
| domain member category | : | limited review, review, |
| definition | : | (accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data (noun.possession) |
| domain member category | : | inventory, |
| definition | : | (accounting) the value of a firm's current assets including raw materials and work in progress and finished goods (noun.possession) |
| domain member category | : | debit, |
| definition | : | enter as debit (verb.possession) |
| domain member category | : | unbalanced, |
| definition | : | debits and credits are not equal (adj.all) |
3. a convincing explanation that reveals basic causes (noun.communication)
| hypernym | : | account, explanation, |
| definition | : | a statement that makes something comprehensible by describing the relevant structure or operation or circumstances etc. (noun.communication) |
4. a statement of recent transactions and the resulting balance (noun.possession)
| hyponym | : | capital account, |
| definition | : | (finance) an account of the net value of a business at a specified date (noun.possession) |
| hyponym | : | capital account, |
| definition | : | (economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities (noun.possession) |
| hyponym | : | suspense account, |
| definition | : | an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification (noun.possession) |
| part holonym | : | balance, |
| definition | : | equality between the totals of the credit and debit sides of an account (noun.possession) |
5. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts (noun.possession)
| hypernym | : | register, |
| definition | : | a book in which names and transactions are listed (noun.possession) |
| hyponym | : | control account, |
| definition | : | an account that shows totals of amounts entered in a subsidiary ledger (noun.possession) |
| hyponym | : | credit side, |
| definition | : | account of payments received; usually the right side of a financial statement (noun.possession) |
| hyponym | : | debit side, |
| definition | : | account of payments owed; usually the left side of a financial statement (noun.possession) |
| hyponym | : | accrual basis, |
| definition | : | a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made (noun.possession) |
| hyponym | : | cash basis, |
| definition | : | a method of accounting in which each item is entered as payments are received or made (noun.possession) |
| hyponym | : | pooling of interest, |
| definition | : | an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free (noun.possession) |
| hyponym | : | audit, audited account, |
| definition | : | an inspection of the accounting procedures and records by a trained accountant or CPA (noun.possession) |
| hyponym | : | limited review, review, |
| definition | : | (accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data (noun.possession) |
6. the occupation of maintaining and auditing records and preparing financial reports for a business (noun.act)
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