bookkeeping bookkeeping  /ˈbʊkK ˌi pɪŋ/

Definition(s):

  • (n) the activity of recording business transactions

Usage(s):

  1. Xu admitted the possibility of flaws in the group's bookkeeping, but its closure and now his arrest indicate that this is more than just a question of accounting.
  2. Some view the extraction of personal assets as harsh in the case of WorldCom, where the directors were never found to have had knowledge of the company's crooked bookkeeping.
  3. The Pentagon would have been cutting its food-stamp rolls not by boosting benefits but by a bookkeeping trick.

News

  1. Franchise Sams moves its franchised hair salons into N.H.

    Barbara Aducci, of Merrimack, recently opened her third franchised Fantastic Sams hair salon in the region and is looking to start a fourth, so she must be quite the stylist, right? Wrong. “I’m not a hairstylist. I work in the office, take care of marketing, accounting, bookkeeping,” said Aducci, who worked in the travel industry until the Internet and the 9/11 terror attacks hit that industry ...
    on June 12, 2013     Source: The Nashua Telegraph

  2. Small business guru Shalom Klein takes on robust schedule

    There may be no busier person in Skokie than Shalom Klein who lives there, works there and volunteers much of his time there. And there may be no busier month for Klein than June. Klein helps run Moshe Klein & Associates Ltd., his father’s bookkeeping and accounting firm that helps small businesses. It has two offices on Dempster Street in Skokie – on the east side and the newer office on the ...
    on June 12, 2013     Source: Skokie Review

  3. Pension system trustees face decision on windfall

    PIERRE | Trustees for the South Dakota Retirement System changed bookkeeping practices several times over the past five years, so that unfunded long-term liabilities would be spread over 30 years.
    on June 10, 2013     Source: Rapid City Journal

Quotes

  1. The Manhattan state Supreme Court filing says Scorsese agreed to pay Starr five per cent of his income for "accounting, bookkeeping, tax and other personal management services".
    on Jul 8, 2010 By: Martin Scorsese Source: Herald Sun

  2. "We know what happens when the economy depends only on financial services and the creation of wealth through bookkeeping. Manufacturing jobs are good paying jobs that support families and communities, create spin-off jobs, and leads to...
    on Jul 6, 2010 By: Tim Ryan Source: Huffington Post (blog)

  3. "I pay billions every day," Moratti said. "I normally don't make any bookkeeping errors, although it is true that the worth of players in this market is difficult to understand. A player that is worth five today could be worth 12 within a...
    on Jun 20, 2007 By: Massimo Moratti Source: SI.com

Word of the Day
repudiate repudiate
/ri ˈpju di ˌeɪt /