Accounting and Accountancy Glossary
1. Accounting: The skill or activity of keeping records of the money a
person or organization earns and spends
2. Recording: All financial transactions are recorded in a systematical and
chronological manner in the appropriate books or databases.
3. Transactions: an occasion when someone buys or sells something, or
when money is exchanged or the activity of buying or selling something
4. Accountancy: the job of being an accountant
5. Bookkeeping: the job or activity of keeping an exact record of the money
that has been spent or received by a business or other organization
6. Finnancial Accounting: a type of accounting that deals with providing
financial reports about a company's profits, debts, cash flow, etc. so that
investors, banks, etc. can measure the company’s performance
7. Preparing: to make or get something or someone ready for something
that will happen in the future:
8. Creditors: someone who money is owed to
9. Management Accounting: the activity of preparing and using financial
information about a company in order to support management decisions
10.Auditing: to make an official examination of the accounts of a business
and produce a report
11.Accuracy: the fact of being exact or correct
12.Fraud: the crime of getting money by deceiving people
13.Internal Audit : an examination of a company's accounts or activities by
its own accountants or managers
14.Accountants : someone who keeps or examines the records of money
received, paid, and owed by a company or person
15.Internal auditors: a person who does internal audits for a company
16.External Audit: an official examination of the accounts of a company or
organization by an expert from outside
17.Independent auditors: is a certified public accountant (CPA) or chartered
accountant (CA) who examines the financial records and business
transactions of a company with which he is not affiliated
https://www.lawinsider.com/dictionary/annual-accounts
https://dictionary.cambridge.org/
1. Accounting: The skill or activity of keeping records of the money a
person or organization earns and spends
2. Recording: All financial transactions are recorded in a systematical and
chronological manner in the appropriate books or databases.
3. Transactions: an occasion when someone buys or sells something, or
when money is exchanged or the activity of buying or selling something
4. Accountancy: the job of being an accountant
5. Bookkeeping: the job or activity of keeping an exact record of the money
that has been spent or received by a business or other organization
6. Finnancial Accounting: a type of accounting that deals with providing
financial reports about a company's profits, debts, cash flow, etc. so that
investors, banks, etc. can measure the company’s performance
7. Preparing: to make or get something or someone ready for something
that will happen in the future:
8. Creditors: someone who money is owed to
9. Management Accounting: the activity of preparing and using financial
information about a company in order to support management decisions
10.Auditing: to make an official examination of the accounts of a business
and produce a report
11.Accuracy: the fact of being exact or correct
12.Fraud: the crime of getting money by deceiving people
13.Internal Audit : an examination of a company's accounts or activities by
its own accountants or managers
14.Accountants : someone who keeps or examines the records of money
received, paid, and owed by a company or person
15.Internal auditors: a person who does internal audits for a company
16.External Audit: an official examination of the accounts of a company or
organization by an expert from outside
17.Independent auditors: is a certified public accountant (CPA) or chartered
accountant (CA) who examines the financial records and business
transactions of a company with which he is not affiliated
https://www.lawinsider.com/dictionary/annual-accounts
https://dictionary.cambridge.org/
