accountancy

Accountancy

Accountancy is the process of recording, classifying, and summarizing financial transactions in a systematic manner. It involves the measurement, analysis, and interpretation of financial information to help businesses make informed decisions. Accountancy plays a crucial role in ensuring the accuracy and transparency of financial records.

Pronunciation

Accountancy (əˈkaʊntənsi)

Synonyms

Bookkeeping, Auditing, Financial Accounting, Account Management

Nearby Words

– Accountant (Noun) – లెక్కకారు (lekkakāru)
– Accounting (Noun) – లెక్కచేయుట (lekkacēyuṭa)
– Account (Noun) – ఖాతా (khātā)
– Balance Sheet (Noun) – సంతులన పత్రం (santuḷana patraṁ)
– Ledger (Noun) – ఖతా (khatā)

Example Sentences:

– I hired an accountant to manage my finances. (Noun)
Accounting is an essential part of running a business. (Noun)
– Please update my account with the recent transactions. (Noun)
– The balance sheet shows the financial position of the company. (Noun)
– All the transactions are recorded in the ledger. (Noun)

Antonyms

Disorganization, Mismanagement, Inefficiency

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