Meaning of ACCOUNTING in English

ACCOUNTING

noun

COLLOCATIONS FROM OTHER ENTRIES

a law/accounting/advertising etc firm

She was offered a job with a law firm.

creative accounting

the accountancy/accounting profession

Many economics graduates enter the accountancy profession.

there’s no accounting for taste (= used humorously to say that you do not understand why someone likes something )

COLLOCATIONS FROM CORPUS

■ ADJECTIVE

creative

The profession's worst problem is creative accounting .

current

Standards such as those on depreciation and current cost accounting are so different from current practice that it is impossible to rationalize them.

Moreover, current cost accounting strictly demands that a business's cash book be segregated into capital and revenue cash.

In other words it is a part of the larger and even more complex issue of the relevance of current cost accounting .

However, there are many public sector organizations which are unlikely to adopt current cost accounting .

One of the objectives of current cost accounting is to produce a more acceptable income figure under conditions of rising prices.

false

All three were charged with conspiracy to defraud, conspiracy to commit forgery, and false accounting .

Fone is charged with three offences of theft involving a total of more than £40,000 and two offences of false accounting .

Mr Nadir faced trial in September on charges of theft and false accounting .

Mr Walker and former finance director Wilfred Aquilina were also charged with two counts of false accounting relating to the thefts.

financial

With his support and encouragement I took my first somewhat unsteady steps towards the production of a unit in financial accounting .

It is also important to note, at the outset, the distinction between financial accounting and management accounting.

In order to deal with the problems of budgeting for this it is necessary to know something of company financial and cost accounting .

Accounting Theory Accounting theory is conventionally concerned with financial accounting , i.e. with accounting to external providers of finance.

■ NOUN

cash

Thus the recognition occurs one step earlier than under cash accounting .

For example, one organization might adopt budgetary accounting , cash accounting and fund accounting simultaneously.

Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.

commitment

Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.

Because this is its primary function, commitment accounting concentrates on orders issued.

cost

Standards such as those on depreciation and current cost accounting are so different from current practice that it is impossible to rationalize them.

In historic cost accounting , capital is measured as the initial capital invested.

Moreover, current cost accounting strictly demands that a business's cash book be segregated into capital and revenue cash.

In other words it is a part of the larger and even more complex issue of the relevance of current cost accounting .

This is known as replacement cost accounting as opposed to historic cost accounting when the original cost is retained.

However, there are many public sector organizations which are unlikely to adopt current cost accounting .

Moreover, in all these examples we have assumed historic cost accounting .

depreciation

Adding depreciation accounting to the existing system has, in the past, not been affordable.

In fact, there is a real example of depreciation accounting being practised alongside payments in lieu of depreciation.

The answer must be that it could not since the fact of adopting depreciation accounting severs the link with finance.

Indeed, a significant part of it concerned the relevance of depreciation accounting .

fund

Let us now examine the published accounts of a simplified local authority to see the effects of adopting fund accounting .

Although the concept of fund accounting is relatively simple, specific applications of it can be difficult to understand.

Fund accounting Fund accounting is a practice we were introduced to in Chapter 7.

For example, one organization might adopt budgetary accounting , cash accounting and fund accounting simultaneously.

Their accounts look very different from the nationalized industries because they adopt budgetary accounting and also because they adopt fund accounting.

Therefore, we will postpone discussion of them until the section on fund accounting .

merger

Five criteria must be met before merger accounting may be used.

■ VERB

adopt

For example, one organization might adopt budgetary accounting , cash accounting and fund accounting simultaneously.

However, there are many public sector organizations which are unlikely to adopt current cost accounting .

Their accounts look very different from the nationalized industries because they adopt budgetary accounting and also because they adopt fund accounting.

We might argue, albeit anachronistically, that best commercial practice could also have been adopted in accounting for the bridge.

use

Local Authority No. 1 method always uses historic cost accounting .

EXAMPLES FROM CORPUS

Accounting Theory Accounting theory is conventionally concerned with financial accounting, i.e. with accounting to external providers of finance.

Academic, or theoretical, discourse is not privileged but is instead a form of accounting which uses abstraction to illuminate.

However, these have been excluded, pending the results of a fundamental review of capital accounting .

In order to deal with the problems of budgeting for this it is necessary to know something of company financial and cost accounting .

In spite of accounting for only 0.2 percent of a beer's cost, this is naturally felt to be wasteful and undesirable.

It refers to the method of accounting which reports in terms of funds rather than in terms of organizations.

It should be recognised that we are still in the early days of case-mix accounting .

Trial balance to facilitate hotel accounting . 11.

Longman DOCE5 Extras English vocabulary.      Дополнительный английский словарь Longman DOCE5.