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Reckoning vs Accounting - What's the difference?

reckoning | accounting |

As verbs the difference between reckoning and accounting

is that reckoning is while accounting is .

As nouns the difference between reckoning and accounting

is that reckoning is the action of calculating or estimating something while 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.

reckoning

English

Verb

(head)
  • Noun

    (en noun)
  • The action of calculating or estimating something.
  • :
  • *
  • *:When the flames at last began to flicker and subside, his lids fluttered, then drooped?; but he had lost all reckoning of time when he opened them again to find Miss Erroll in furs kneeling on the hearth and heaping kindling on the coals, and her pretty little Alsatian maid beside her, laying a log across the andirons.
  • (lb) The bill (UK) or check (US), especially at an inn or tavern.
  • *1817 , (Walter Scott), :
  • *:So saying, he called for a reckoning for the wine, and throwing down the price of the additional bottle which he had himself introduced, rose as if to take leave of us.
  • An opinion or judgement.
  • The working out of consequences or retribution for one's actions.
  • Derived terms

    * dead reckoning

    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