accounting

[/əˈkaʊntɪŋ/]
noun
contabilidade
1. The practice or profession of recording, maintaining, and auditing accounts and preparing financial statements
She works in accounting for a multinational corporation.
Ela trabalha em contabilidade para uma corporação multinacional.
2. A system or method of recording financial transactions and preparing financial reports
The company uses modern accounting software to track expenses.
A empresa usa software de contabilidade moderno para rastrear despesas.
3. An explanation or justification for one's actions; a reckoning
He gave a full accounting of how the funds were spent.
Ele deu uma explicação completa de como os fundos foram gastos.
In Brazil, contabilidade is a regulated profession requiring formal education and licensing through CRC (Conselho Regional de Contabilidade). In the USA, accounting is highly valued in corporate settings and is a common career path. The term reflects the importance of financial transparency in modern business across both cultures.
Synonyms / Sinônimos
bookkeepingaccountancyfinancial managementrecord-keeping

Regional Variations

General Brazilian
contabilidade
Standard term used throughout Brazil
Rio de Janeiro
contabilidade
No regional variation; same as general Brazilian Portuguese
São Paulo
contabilidade
Business and corporate usage, same standard term
Portugal
contabilidade
Identical to Brazilian usage; widely understood in European Portuguese

Related Words

auditorledgerbalance sheetfinancial statementinvoiceexpenserevenue

Related Idioms & Phrases

call someone to account
give an account of
take into account
by all accounts
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