What is Accounting Measurement?

Accounting measurement is the aggregation of numeric information, typically in terms of a unit of currency . For example, the sales in a reporting period may be expressed in dollars of revenue . It is also possible to use some other unit of measure, such as hours of employee time or hours of machine time.  For example, employees spend 120 hours working on a consulting project. By using a standardized accounting measurement, it is easier to compare results over a period of time.

Accounting measurements are recorded in the accounting system , which stores the results of all business transactions in which an organization engages.