Account / Accounts / Accounting Department?

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[Name of Department]

I used to say "Account Department", however I just found that the department in my company is called "Accounts Department".

And when I search Google, most of them are using "Accounting Department".

Just wondered which is/are correct or appropriate? Is there any difference in among different regions? (from Malaysia)

kaerutoh

Posted 2015-10-27T11:39:49.670

Reputation: 33

Both are correct and can be used. Accounts Department and Accounting Department

– Usernew – 2015-10-27T14:04:44.547

Answers

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At times, we need to check what's popular and is accepted widely. This is a wonderful example. Searching on NGram gives you the results that 'Accounting' is very common, 'Accounts' is less, and 'Account' is rare.

COCA shows favorable results to 'Accounting Department' over 'Accounts'. There again, 'Account' is 'nil'.

We decide looking at these results and practice it. Thinking that if naming a department takes '-ing' then why 'Human Resource Department' and not 'Human Resourcing', etc. won't work. Here, 'why' may not be answered precisely.

Again, it depends on the company or the local body. However, if you are the one who decides this, choose the most common one i.e. Accounting here.


I found 'Accounts Department' as bookkeeping practice in the UK!

Maulik V

Posted 2015-10-27T11:39:49.670

Reputation: 66 188

1Every company I've ever worked for called it the "Accounting Department". (I live in the U.S.) – Jay – 2015-10-27T13:12:30.247

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I think, even in U.S., the usage varies by regions. In my region, Virginia, many companies use a term "Accounting" for a department that processes bookkeeping, issues financial statements, tracks departmental/project budgets and expenses.

Here, Accounting Department is a place where recording and reporting are performed. For smaller companies, accounting department often does not exist and finance department performs all-things-money.

As to Accounts Department, many companies in my region use that term for a department that is transactional such as sales, Accounts Receivable, and procurement, Accounts Payable, although many companies have AR and AP teams as part of accounting department to track and render transactions that sales/procurement departments report. Sales and procurement employees manage customer accounts and vendor accounts so they often have a job title that includes the word "accounts"--e.g. Accounts Manager.

This is not related to your question but Accounts Management is usually separated from Accounting because it is considered dangerous to have a single person/team to have an authority over all of actions, records, and payment processing for sales/procurement because such power allows a person/team to commit fraud by manipulating prices, invoices/receipts, and payment amounts.

Lee

Posted 2015-10-27T11:39:49.670

Reputation: 11

1

In small companies both "Accounts Department" and "Accounting" are used here in the US. The former is often split into "Accounts Payable" and "Accounts Receivable", which I suppose due to some differences in whom they need to work with, and in what manner. It's often represented by a single person managing all the work.

It likely differs from company to company, and once established, rarely changes, I would think.

The expression "Account Department" is not in use most likely because that subdivision (even if represented by a single employee) handles multiple accounts.

Victor Bazarov

Posted 2015-10-27T11:39:49.670

Reputation: 8 285