Definition: Accounting system
General concept
Coherent, consistent and integrated set of accounts, balance sheets and tables based on a set of internationally agreed concepts, definitions, classifications and accounting rules. It provides a comprehensive accounting framework which ensures a high profile of consistency and comparability and within which primary and secondary statistical data can be compiled and presented in a format that is designed for the purposes of analysis, decision-taking and policy-making.
Source:
Eurostat, "Terminology relating to the Implementation of the Vision on the Production Method of EU Statistics", W. Radermacher, A. Baigorri, D. Delcambre, W. Kloek, H. Linden, European Conference on Quality in Statistics 2010 (Q 2010), Luxembourg, 2010
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