Definition of Accounting system

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TeachMeFinance.com - explain Accounting system



Accounting system

The term 'Accounting system' as it applies to the area of energy can be defined as '  A method of recording accounting data for a utility or company or a method of supplying accounting information for controlling, evaluating, planning and decision-making'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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