Definition of Accounting

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Definition:

Accounting is a system of recording, reporting, analyzing, verifying, and summarizing business and financial transactions for a business.

Related Terms:

Bookkeeping
Budgeting
Financial Management

Related Information:

Accounting Systems
Financial Management
Human Resources
Leadership

Related Books:

Accounting and Finance for Your Small Business
Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business
More Books about Financially Managing a Small Business

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