accounting - the measurement, processing, and communication of financial information about economic entities such as businesses and corporations, annual accounts - the accounts prepared at the end of a financial year, recording - the action or process of recording sound or a performance for subsequent reproduction or broadcast, transactions - an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something, standards - an idea or thing used as a measure, norm, or model in comparative evaluations, law - the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties, bookkeeping - the activity or occupation of keeping records of the financial affairs of a business, financial accounting - a specialized branch of accounting that keeps track of a company's financial transactions, creditors - people or organizations who have lent money to a company, independent auditors - accountant who is not an employee of, and not otherwise related to, the entity he or she is auditing, external audit - periodic or specific purpose (ad hoc) audit conducted by external (independent) qualified accountant(s), internal audit - the examination, monitoring and analysis of activities related to a company's operations, including its business structure, employee behavior and information systems, management accounting - the process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short term decisions.,

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