accounting

2 The topic of accounting is the study of recording, classifying, summarizing, and interpreting financial transactions to provide useful information for decision-making in businesses and organizations. terms

Accounting was made to help students and beginners understand important terms used in the field of accounting. The goal is to make it easier to learn how financial information is recorded, analyzed, and reported in businesses and organizations.

accounting
noun
The action or process of keeping financial accounts.
Example: Moreover, stricter rules now exist regarding the disclosure of director remuneration which is a preventative measure against 'slush-fund-ACCOUNTING'; understating quarterly profits as a precautionary measure to protect manager remuneration.
en: comptabilité
The image shows a table explaining new lease accounting over four years. It displays cash flow, balance sheet values, expenses, and lease liabilities, showing how assets and liabilities decrease as payments are made.
budgeting
noun
Allow or provide a particular amount of money in a budget.
Example: The Planning and BUDGETING Procedures, Structures of Accountability and Reward Structure are analysed and recommendations are explained to counter weaknesses.
en: budgétisation
Budgeting document of the USA 2020