ac·​coun·​tan·​cy | \ ə-ˈkau̇n-tᵊn(t)-sē How to pronounce accountancy (audio) \

Definition of accountancy

: the profession or practice of accounting

Examples of accountancy in a Sentence

Recent Examples on the Web Yet Paul Henninger, an AI expert at KPMG, an accountancy firm, says that building a customer-service chatbot is in some ways harder than building a superhuman Go machine. The Economist, "The business world Businesses are finding AI hard to adopt," 11 June 2020 Education: Bachelor's degree in international economics and master's degree in business administration from the National University of Economics in Ukraine, professional accountancy master's degree from Indiana University Indianapolis. Kaitlin Lange, Indianapolis Star, "Republicans try to stand out in crowded Indiana 5th District race," 31 May 2020 Two female partners at KPMG, an accountancy group, recently left out of concern at the behaviour of a male colleague. The Economist, "Charity begins at work," 6 June 2019 On Monday, the accountancy firm Deloitte confirmed that, over the course of the 2018-19 season, Barcelona had generated more revenue than any other club: $936 million, an increase of $166 million — almost 18 percent — from the previous year. Rory Smith, New York Times, "Ernesto Valverde and the Prison of Barcelona’s Past," 14 Jan. 2020 The International Association of Privacy Professionals, an industry body, and EY, an accountancy, reckon that complying with the GDPR costs the average firm $2m. The Economist, "The data sheriffs Companies should take California’s new data-privacy law seriously," 18 Dec. 2019 To avoid these dangers, the chief operating officer of BDO, an accountancy firm, has suggested that two chaperones attend seasonal celebrations, along with first-aiders. The Economist, "Bartleby Let them eat Christmas cake," 5 Dec. 2019 Asked about reports that KPMG, the multinational accountancy firm, was ending its support for the initiative, a Buckingham Palace spokeswoman said: ‘‘KPMG’s contract with Pitch@Palace ended at the end of October., "LONDON — After Prince Andrew’s interview defending his friendship with convicted sex offender Jeffrey Epstein, students, charities and businesses are reviewing their associations with the prince.," 20 Nov. 2019 The number of companies entering administration, where an accountancy firm is appointed to help recover money for creditors, jumped by 20%. Andrew Atkinson,, "U.K. Company Insolvencies Rise to Highest Level Since 2014," 30 Oct. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'accountancy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of accountancy

1699, in the meaning defined above

History and Etymology for accountancy

accountant entry 1 + -cy

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Time Traveler for accountancy

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The first known use of accountancy was in 1699

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Statistics for accountancy

Last Updated

16 Jun 2020

Cite this Entry

“Accountancy.” Dictionary, Merriam-Webster, Accessed 10 Aug. 2020.

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Britannica English: Translation of accountancy for Arabic Speakers

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