Accountancy

Pronunciation: /əˈkaʊntənsi/

Definitions of accountancy

noun the practice or profession of maintaining financial records

Example Sentences

A1 Accountancy is the practice of keeping track of financial records.

A2 I am studying accountancy at college to become a certified accountant.

B1 Accountancy involves analyzing financial data to help businesses make informed decisions.

B2 Advanced accountancy techniques can help detect fraud within a company.

C1 The complexity of international accountancy standards requires a deep understanding of financial principles.

C2 Professionals in accountancy often work closely with auditors to ensure financial compliance.

Examples of accountancy in a Sentence

formal The field of accountancy requires a strong understanding of financial principles and regulations.

informal My cousin is studying accountancy in college and she says it's pretty challenging.

slang I'm thinking of switching my major to accountancy because I heard it's a solid career choice.

figurative In the grand scheme of business, accountancy is the backbone that keeps everything in order.

Grammatical Forms of accountancy

• plural: accountancies
• comparative: more accountancy
• superlative: most accountancy
• present tense: accountancy
• future tense: will accountancy
• perfect tense: has accountancied
• continuous tense: is accountancy
• singular: accountancy
• positive degree: accountancy
• infinitive: to accountancy
• gerund: accountancying
• participle: accountancied

Origin and Evolution of accountancy

First Known Use: 1601 year

Language of Origin: Latin

Story behind the word: The word 'accountancy' originated from the Latin word 'computare' which means to count or calculate.

Evolution of the word: Initially used to refer to the practice of keeping financial records and preparing financial statements, the term 'accountancy' has evolved to encompass a broader range of activities related to financial management and reporting in modern times.