accountancy

/əˈkaʊntənsi/

Definitions

1. noun

the profession or science of managing or keeping the financial records of a business or other organization

“She is a graduate of accountancy from a reputable university.”

2. noun

the financial statements and records of a business or other organization, especially those prepared for the purpose of taxation

“The company’s accountancy showed a significant increase in profits last year.”

3. noun

the process of checking or investigating the financial statements and records of a business or other organization

“The accountant was hired to conduct an accountancy review of the company’s financial records.”

4. noun

a system or process for managing or keeping the financial records of a business or other organization

“The company implemented a new accountancy system to improve its financial reporting.”

Synonyms

  • accounting
  • bookkeeping
  • financial management

Antonyms

  • financial chaos
  • mismanagement