A traditional approach to accounting that places an obligation on stewards or agents, such as directors, to provide relevant and reliable financial information relating to resources over which they have control but which are owned by others, such as shareholders. Not only are stewards responsible for providing information, but they must also submit to an audit.

Accounting dictionary. 2014.

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  • Stewardship — is personal responsibility for taking care of another person s property or financial affairs or in religious orders taking care of finances. Historically, stewardship was the responsibility given to household servants to bring food and drinks to… …   Wikipedia

  • stewardship — stew‧ard‧ship [ˈstjuːədʆɪp ǁ ˈstuːərd ] noun [uncountable] the way in which someone controls and takes care of an organization or event: • He said that the firm, under the stewardship of his assistants, would suffer no disruptions. * * *… …   Financial and business terms

  • Stewardship — Stew ard*ship, n. The office of a steward. Shak. [1913 Webster] …   The Collaborative International Dictionary of English

  • stewardship — index control (supervision), custody (supervision), generalship, government (administration), management ( …   Law dictionary

  • stewardship — stew|ard|ship [ˈstju:ədʃıp US ˈstu:ərd ] n [U] someone s stewardship of something is the way that they control or protect it stewardship of ▪ Some critics have doubts about his stewardship of the nation. under sb s stewardship ▪ The farm was… …   Dictionary of contemporary English

  • Stewardship — Ste|ward|ship [ stju:ədʃɪp ], die; [engl. stewardship, eigtl. = Verwaltung]: (in der protestantischen Kirche der USA) Dienst der Gemeindemitglieder, die einen Teil ihrer Zeit, ihrer Fähigkeiten u. ihres Geldes der Gemeinde zur Verfügung stellen.… …   Universal-Lexikon

  • stewardship — noun Date: 15th century 1. the office, duties, and obligations of a steward 2. the conducting, supervising, or managing of something; especially the careful and responsible management of something entrusted to one s care < stewardship of our… …   New Collegiate Dictionary

  • stewardship — noun a) The rank or office of a steward. Foresters believe in stewardship of the land. b) The act of caring for or improving with time …   Wiktionary

  • Stewardship — Ste|ward|ship [ stju:ɐdʃip] die; <aus gleichbed. engl. stewardship, eigtl. »Verwaltungsdienst«, zu steward (vgl. ↑Steward) u. ship (engl. Suffix im Sinne von dt. » schaft«)> Laiendienst der Gemeindemitglieder, die einen Teil ihrer Zeit,… …   Das große Fremdwörterbuch

  • stewardship — stew|ard|ship [ stuərd,ʃıp ] noun uncount the way in which someone organizes and takes care of something: the government s stewardship of the national parks …   Usage of the words and phrases in modern English

  • stewardship — [[t]stju͟ːə(r)dʃɪp, AM stu͟ː [/t]] N UNCOUNT: usu N of n Stewardship is the responsibility of looking after property. [FORMAL] …   English dictionary

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