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The phrase "accounting situation" is correct and usable in written English.
It can be used to refer to a specific context or set of circumstances related to accounting practices or financial matters.
Example: "The accounting situation for the company has improved significantly since the new financial policies were implemented."
Alternatives: "financial scenario" or "accounting context".
Exact(1)
But despite Powell's comments, none of the Bells will be opening their checkbooks anytime soon, because WorldCom's accounting situation remains too murky.
Similar(59)
In the case of more advanced accounting situations, such as when dealing with subsidiaries, the accountant must Exclude intra-company dividend payments.
A more likely and chilling conclusion is that there are a lot more troubled accounting situations out there than have been reported.
"Just because my personal account situation has apparently been resolved, which is a small victory for this debtors' revolt movement, we still have a war to fight," she said.
(2) Your behaviour takes into account your situation.
On birth control, he said that, while doctrinal change was not a possibility, the important thing for the church was "to ensure that pastoral care takes into account situations and what is possible for people".
It simply shows that our ordinary talk does not take into account situations that are—admittedly extraordinary).
One can take into account situations at which the Law of Excluded Middle fails, and argue on what would and would not happen in them.
If agreement is taken into account, situations of high precision-high bias (affecting the quality of the STD AD) are overcome for the IV set.
This fails to take into account situations where the promisee has suffered personal loss from the breach of contract.
While he very recently said he would support paid maternity leave for women, this doesn't take into account situations where it is the man who is taking time off to care for a child or loved one.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com