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Accounting vs Records - What's the difference?

accounting | records |

As nouns the difference between accounting and records

is that accounting is (accounting) the development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization while records is .

As a verb accounting

is .

accounting

English

Verb

(head)
  • Noun

    (wikipedia accounting) (-)
  • (accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
  • A relaying of events; justification of actions.
  • He was required to give a thorough accounting of his time.

    Derived terms

    * creative accounting

    records

    English

    Noun

    (head)
  • Verb

    (head)
  • (record)
  • ----