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reckoning (C1)

noun

Pronunciation: /ˈrɛk.ən.ɪŋ/

The action or process of calculating or settling a debt, account, or score; the final assessment of someone's actions or character.

The day of judgment is often referred to as the final reckoning.
After the scandal, the politician faced a political reckoning.
The accountant was tasked with the reckoning of the company's assets and liabilities.

face a reckoning (collocation): To experience the negative consequences of one's actions. — "The corrupt officials will eventually face a reckoning."
day of reckoning (idiom): A time when the consequences of past actions become apparent or unavoidable. — "Many believe that the day of reckoning for environmental damage is fast approaching."
come to a reckoning (collocation): To reach a point where a situation or problem must be confronted and resolved. — "After years of avoiding the issue, the family finally came to a reckoning about their finances."