Definition: Accounting
General concept
The art of recording, classifying and summarising in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof.
Source:
American Institute of Certified Public Accountants (AICPA), quoted in Organization for Economic Cooperation and Development (OECD), Eurostat, World Health Organisation, "A System of Health Accounts", OECD Publishing, 2011
American Institute of Certified Public Accountants (AICPA), quoted in Organization for Economic Cooperation and Development (OECD), Eurostat, World Health Organisation, "A System of Health Accounts", OECD Publishing, 2011
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