ACCOUNTING AS A LANGUAGE OF BUSINESS

Over time, the meaning of words can vary. In addition, new words can enter the language, sometimes replacing other words. Attention is paid to the need to illustrate new concepts and socio-cultural changes, which are indicated by examples from the development of accounting as a professional interest group and the adoption of Anglo-American accounting terminology and culture. A change in the language of accounting, including the borrowing of certain terms or the transfer of whole words, can tell about socio-economic, political or ideological processes and the importance of terminology in legal disputes.