[əˈkaʊntɪŋ]
Definition:
1. The process or work of keeping financial accounts.
2. A convincing explanation that reveals basic causes.
3. A system that provides quantitative information about finances.
4. The occupation of maintaining and auditing records and preparing financial reports for a business.
5. A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.