accountingac‧coun‧ting /əˈkaʊntɪŋ/ ●●○ noun [uncountable] 
Examples
ExamplesEXAMPLES FROM THE CORPUS
word sets- 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.
WORD SETS► Finance
Collocationsabove the line, adjectiveabsorption rate, acceptance sampling, accountant, nounaccount balance, accounting, nounaccounting rate of return, accrued cost, accrued income, accumulation unit, acid ratio, actual price, A/D, adjustable peg, nounADR, nounadvancer, nounAER, aftermarket, nounAGI, aging schedule, agio, nounAICPA, allottee, nounallowable, adjectivealternative investment, amortizable, adjectiveannual earnings, annual income, annual value, annuity, nounappraiser, nounappropriate, verbappropriation, nounappropriation account, arb, nounas at, prepositionas of, prepositionasset, nounasset backing, asset shuffling, nounasset stripping, nounasset-stripping, verbasset turnover, asset value per share, Association for Payment Clearing Services, nounassured value, at best, adverbat call, adverbaudit, verbauditor, nounauditor's report, auto-financing, adjectiveaverage stock, backdate, verbbackup withholding, nounbackwardation, nounbad debt recovery, bail-out, nounbalanced fund, balance sheet, nounBaltic Exchange, nounbankroll, nounbase rate, nounbasis point, bed-and-breakfasting, nounbellwether, nounbelow the line, adjectivebeneficial owner, best efforts, adjectivebeta coefficient, nounbid and asked, adjectivebill rate, Black Friday, nounBlack Thursday, nounBlack Tuesday, nounBlack Wednesday, nounblank transfer, bond, nounbond fund, bond premium, bookbuilding, nounbook debt, book entry, book-keeper, nounbook-keeping, nounbottom fisher, nounbought deal, bourse, nounbreakeven, nounbreak-up value, buildings and contents insurance, buoy, verbbuoyancy, nounbuoyant, adjectivebusiness angel, nounbusiness entity, business manager, buyback, nounbuy-in, nounbuying power, buying price, buy limit order, buy order, buyout, nouncabinet bid, callable, adjectivecallable fixture, nouncap and collar, nouncapital appreciation, capital asset pricing model, capital charge, capital dilution, nouncapital equipment, capital flow, nouncapital gain, capital invested, nouncapitalization of reserves, nouncapitalize, verbcapitalized, adjectivecapital movement, nouncapital outlay, capital rationing, nouncapital stock, capital sum, capital surplus, capital transfer, capital value, CAR, carried down, adjectivecarried forward, adjectivecarried over, adjectivecarryback, nouncarryforward, nouncarrying charge, carry-over, nouncash account, cash at bank, nouncash basis, nouncashbook, nouncash column, cash equivalent, cash flow, nouncashless, adjectivecash management, cash price, CBOT, c/d, certificate of deposit, nouncertificate of occupancy, nouncertified public accountant, nounCFO, chain of title, nounChapter 7, nounChartered Financial Consultant, nounchartist, nounchattels real, nounChicago Board Options Exchange, nounChicago Mercantile Exchange, nounChinese wall, nounchurning, nounCISCO, nounclawback, nounclean opinion, nounclearer, nounclearing agent, nounclosed-end, adjectiveclosely held, adjectiveCMA, CME, COGS, collection ratio, Comex, nouncomfort letter, commercial agent, common ownership, company doctor, company limited by guarantee, nouncompany limited by shares, nouncomparables, nouncomparable-store sales, compensate, verbcompensating error, completion date, compound, verbcompound annual rate of return, nouncompound interest, nouncomptroller, nounComptroller and Auditor General, nounComptroller General, nounComptroller of the Currency, nouncompulsory purchase order, concert party, nounconsistency concept, nounconsolidated accounts, consolidator, nounConsols, nouncontango, nouncontinuous inventory, contra account, contra-asset account, contract note, controller, nouncontrol period, conversion premium, cooling-off period, nounco-operative society, corporate investment, cost, verbcost of goods sold, nouncounting-house, nouncoupon sheet, nounCPA, nounCPI, cramdown, nouncredit, nouncredit, verbcredit card payment, credit facility, creditor turnover rate, nouncredit quality, credit repair, credit standing, credit status, creeping control, CREST, nouncurrency pair, nouncurrency peg, nounDaily Official List, nounday book, nounday order, dead cat bounce, death futures, debt capital, debt ratio, decliner, noundeed of conveyance, noundeferred credits, noundeferred income, deferred share, degearing, noundeleverage, noundelinquent tax certificate, delivery date, demand note, dematerialize, verbdemonetize, verbdemutualize, verbdenominated, adjectivedeposit certificate, depository institution, deposit protection fund, noundepreciable life, depreciation account, deprival value, derivative lease, direct exchange, direct investment, direct labour, directors register, discount brokerage, discount loan, discretionary account, discretionary order, discretionary spending, diversifieds, noundivestment, nounDJIA, dollar-cost averaging, noundollars-and-cents, adjectivedomestic investment, double declining balance, double-witching, noundown payment, noundowntick, nounDPS, drawdown, noundrawing account, dual capacity, noundual listing, due, adjectivedue diligence, earn, verbEasdaq, nouneconomic, adjectiveeffective rate, emissions unit, encash, verbequity, nounequity investment, ERM, nounerror of commission, nounerror of omission, nounerror of posting, nounerror of principle, nounethical investment, Euribor, nounEuro.NM, nounEuropean interbank offered rate, exceptionals, nounexchange arbitrage, exchange of contracts, nounex gratia, adjectiveexpense ratio, expiration date, face amount, factor cost, factoring, nounfailure, nounfair value, fand, nounFederal funds, fee absolute, nounfigure, nounfinal accounts, final distribution, finance charge, Financial Accounting Standards Board, nounfinancial investment, financials, nounfinancial services, financial supermarket, financial year, nounfinancier, nounfirst in, first out, nounfirst-quarter, adjectivefixed assets, nounfixed costs, nounfixed-income investment, fixed investment, fixtures and fittings, nounfloater, nounflood insurance, flowback, nounflow of funds, nounfocus list, foreign investment, freehold possession, free movement, nounfriends, nounfront-running, nounfull-year, adjectivefully-subscribed, adjectivefunder, nounfungible, adjectivefutures, nounfuture value, FY, G & A, gainer, noungilts, nounGinnie Mae, nounGLOBEX, nounGNMA, noungolden share, golds, noungood-faith money, government investment, greenshoe, noungross, adjectivegross income, gross investment, group accounts, grubstake, nounguaranty, nounhealth warning, nounhigh end, nounhigh flyer, nounhigh-yield, adjectiveHip, nounholding, nounholding company, nounholdout, nounhomeowner's insurance, home repair, household insurance, idle balance, imprest, nouninactive account, incentive fee, income and expenditure account, income share, incubator space, index-linked, adjectiveindirect exchange, industrials, nouninherit, verbinheritance, nouninjection, nounIN.SECTS, nouninstitutional investment, interest cover, International Monetary Fund, nounInternational Securities Exchange, nouninvest, verbinvestment, nouninvestment income, investor, nouninvestor resistance, issuance, nounissue flop, nounissuer, nounkerb market, key money, large-cap, nounlast in, first out, nounlast sale, leaseback, nounleasehold possession, ledger, nounledger clerk, legal investment, lending rate, nounletter of comfort, nounleverage, verblifecycle cost, LIFO, like-for-like, adjectiveliquidity, nounliquid ratio test, loading, nounloan-to-value ratio, London Clearing House, nounM & A, management charge, mandatory general offer, margin account, market order, material fact, nounmature, adjectivematurity, nounmid-cap, nounMMC, mortgage protection insurance, multiple (share) application, municipals, nounNational Market System, nounNational Savings Stock Register, nounNBV, net, adjectivenet, verbnet 10/eom, adverbnet 30, adverbnet annual value, net asset backing, net asset value, net book value, net income, net interest, net investment, net present value, net realizable value, nominal accounts, nominal price, nominal value, non-payment, nounnon-recurring, adjectivenote issuance facility, NPV, NTA, number-cruncher, nounOEIC, offer for sale, nounoff-market, adjectiveon demand, adverbopen interest, nounopen-market, adjectiveopen outcry, nounoperating income, option, nounoption premium, option pricing model, options contract, order-driven, adjectiveorigination, nounoutflow, nounoutturn, nounoutward investment, overallotment, nounoverborrow, verboverbought, adjectiveovercapitalized, adjectiveovergeared, adjectiveoverissue, nounoverlend, verboverseas investment, overtrade, verbowner-operator, nounP&L, packager, nounpaperchase, nounpar value, pass-through, nounpawn, verbpayables, nounpay and file, nounpaying agent, payout ratio, PDR, pension fund, nounpension plan, nounPE ratio, performance guarantee, permission to build, nounpersonal investment, petrodollars, nounPink Sheets, nounplanning application, plat book, pledgee, nounplot plan, pooling of interests, nounpork bellies, nounportfolio, nounpoundage, nounppd., prelease, verbpremium bond, nounpresale, nounprice-sensitive, adjectiveprimary share, prime-1, nounprime tenant, principal, nounprivate company, private income, nounprivate investment, privately-owned, adjectiveprivate placing, proceeds, nounprofit-taking, nounpro-forma, adjectivepro-forma invoice, prompt date, prompt note, property, nounproperty investment, pro rata, adjectiveprorate, verbpublic investment, publicly-held, adjectivepurchase journal, nounpurchases account, purse, nounp.w., quote-driven, adjectiveramping, nounrandom walk, nounratable, adjectiverateable value, rate of return, nounrating agency, real, adjectivereal accounts, real estate investment, realization concept, nounrebound, verbreceiver, nounreceivership, nounrecoup, verbrecuperate, verbred ink, nounredlining, nounrefunding, nounRegional Stock Exchange, nounregistered stock, REIT, nounremarket, verbREMIC, nounremit, verbremittance, nounrent, verbrental, nounrent-free, adjectiverepatriate, verbrepurchase agreement, research manager, reserve requirement, reserves, nounresidual value, resource, verbresults, nounretainer, nounretirement plan, nounreturn, verbreturn, nounrevenue, nounreverse share split, risk analysis, nounrisk profile, ROA, root of title, royalty payment, ruin, verbsale and repurchase agreement, sales account, sales budget, sales charge, sales returns account, salvage value, nounsame-store sales, Sarbanes-Oxley Act, nounsaving, nounSavings and Loan Association, nounSEATS, nounsecondary shares, second-tier share, securities house, security rating, self-dealing, nounself-liquidating, adjectiveSETS, nounsettlement date, settling day, nounshare application, share exchange offer, share manipulation, share split, shark repellent, nounshelf registration, Ship, nounshort-covering, nounshort-term gain, sinking fund, nounsiphon, verbsliding peg, nounsmall-cap, nounSOX, nounspeculate, verbspeculation, nounspeculative, adjectivespeculative investment, squeeze, verbstk., stockbrokerage, nounstock count, nounstockholding, nounstock parking, nounstock valuation, stop order, straight line, adjectivestructural analysis, sublet, verbsubsidize, verbsubsidy, nounsubvention, nounsum of the digits, nounsundries account, super voting rights, sustainability index, swaption, nounsystematic risk, technical analysis, technical analyst, technical correction, technicals, nountenant at sufferance, nountenant at will, nountenant for years, nountenant in common, nounterm, nountippee, nountipper, nountip sheets, nountotal, verbtrading loss, trading profit, transfer, verbtransfer agent, transfer register, trigger point, triple-A, adjectivetriple-witching, nountrue and fair view, nountrust, nountrust company, trustee, nountrusteeship, nountrust fund, nounturnover ratio, undercapitalized, adjectiveundercharge, verbunderfunded, adjectiveunder-investment, noununderreport, verbundervalued, verbunderwriting power, unearned income, ungeared, adjectiveunitize, verbunit of account, noununsystematic risk, upfront fee, uptick, nounvault cash, vendor placing, Wall Street, war chest, nounweak, adjectiveworking capital, nounwrite-off, nounwritten-down value, yield spread, yield to call, nounyield to maturity, nounYTD, YTM, zaitech, nounZ-score, noun
COLLOCATIONS FROM OTHER ENTRIES► a law/accounting/advertising etc firm
accountancy· She was offered a job with a law firm.
► 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 THE CORPUSADJECTIVE► 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.