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What does accountancy mean?

Looking for the meaning or definition of the word accountancy? Here's what it means.

Noun
  1. (uncountable, Britain, New Zealand, accounting) The function of compiling and providing financial information primarily by reports referred to as financial statements. Accounting includes bookkeeping, systems design, analysis and interpretation of accounting information.
  2. (countable, accounting) A company or organisation that performs such a function.
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Examples
Savings running to millions of pounds need to be made, according to an alarming accountancy report.
With ratios in some accountancy firms of one partner to 20 employees, trying to make the grade may seem like mission impossible.
Traditional middle class professions such as the law and accountancy have made solid progress.
The larger accountancy houses add consultancy and other services to their product mix.
Eight new graduate courses in accountancy will be used in the requirements of the new diploma programs.
Neither in effect is capable of being measured by the strict rules of accountancy.

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