What context can I use each word in?
Learn when and how to use these words with these examples!
accounting
Example
She studied accounting in college and now works as a bookkeeper. [accounting: noun]
Example
The company hired an accounting firm to help with their taxes. [accounting: adjective]
auditing
Example
The auditor found several errors in the company's financial statements. [auditor: noun]
Example
The company underwent an auditing process to ensure compliance with industry standards. [auditing: gerund or present participle]
Good things to know
Which word is more common?
Accounting is more commonly used than auditing in everyday language. Accounting is a broad field that covers a wide range of financial activities, while auditing is a specific type of financial activity that is typically conducted by external auditors.
What’s the difference in the tone of formality between accounting and auditing?
Auditing is typically associated with a formal and professional tone, as it involves verifying financial information for compliance with laws and regulations. Accounting can be used in both formal and informal contexts, depending on the situation and audience.