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accounting vs audited account

audited account vs accounting

accounting and audited account both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
audited account Yes No No No
As nouns, audited account is a hyponym of accounting; that is, audited account is a word with a more specific, narrower meaning than accounting:
  • accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • audited account: an inspection of the accounting procedures and records by a trained accountant or CPA
accounting (noun) audited account (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business an inspection of the accounting procedures and records by a trained accountant or CPA
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and audited account

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