Accounting

What Does Accounting Mean?
To provide a record such as funds paid or received for a person or business. Accounting summarizes and submits this information in reports and statements. The reports are intended both for the firm itself and for outside parties.

Investopedia explains Accounting
Concise accounting helps management make accurate decisions.

Related Terms

Accrual Accounting
Certified Public Accountant - CPA
Cook The Books
Cookie Jar Accounting
Generally Accepted Accounting Principles - GAAP
Generational Accounting
Lapping Scheme
Overcast
Salvage Value
Undercast
More Related Terms

Related Links

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Accounting And Taxes, Like Peanut Butter And Jelly - Find out how these two have grown hand-in-hand throughout our modern history.
What is the difference between IAS and GAAP?

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