accounting Accounting is the activity of keeping detailed records of the amounts of money a business or person receives and spends. n-uncount ...the accounting firm of Leventhal & Horwath. →
account
cost accounting
Cost accounting is the recording and analysis of all the various costs of running a business. (BUSINESS) n-uncount
creative accounting
Creative accounting is when companies present or organize their accounts in such a way that they gain money for themselves or give a false impression of their profits. n-uncount
(disapproval)
Much of the apparent growth in profits that occurred in the 1980s was the result of creative accounting.