Accountancy
(noun)
- The practice or profession of maintaining financial records and preparing financial reports.
- The principles and methods used in the preparation of financial records and statements.
Origin:
From account + -ancy, from the french comptabilité, from compte ("account") + -abilité ("-abilit.y")
Examples:
- He studied accountancy at university.
- She became a certified public accountant after passing the accountancy exam.
- The company hired a new accountancy firm to handle their finances.
- The accountancy department is responsible for preparing the financial statements.
- He worked in accountancy for 10 years before starting his own business.