Accounting Firm

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Accounting Definition

–noun
1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (distinguished from bookkeeping ).
2. a detailed report of the financial state or transactions of a person or entity: an accounting of the estate.
3. the rendering or submission of such a report.

From Dictionary

Firm Definition

–adjective
1. not soft or yielding when pressed; comparatively solid, hard, stiff, or rigid: firm ground; firm texture.
2. securely fixed in place.
3. not shaking or trembling; steady: a firm voice.
4. not l 4c9 ikely to change; fixed; settled; unalterable: a firm belief.
5. steadfast or unwavering, as persons or principles: firm friends.
6. indicating firmness or determination: a firm expression.
7. not fluctuating much or falling, as prices, values, etc.: The stock market was firm today.
–verb (used with object)
8. to make firm; tighten or strengthen (sometimes fol. by up): to firm up one's hold on something.
9. to steady or fix (sometimes fol. by up): to firm up prices.
–verb (used without objec 875 t)
10. to become firm or fixed (sometimes fol. by up): Butter firms by churning.
11. (of prices, markets, etc.) to recover; become stronger, as after a decline (sometimes fol. by up): Stock prices firmed again today.
–adverb
12. firmly: He stood firm.

From Dictionary

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