Crossword Genius

Annual account seen by Rushdie not small (7)

Ross

I believe the answer is:

almanac

I'm a little stuck... Click here to teach me more about this clue!

'annual' is the definition.
(I know that almanac is a type of annual)

'account seen by rushdie not small' is the wordplay.
I cannot quite see how this works, but
'account' could be 'ac' (abbreviation for account) and 'ac' is found within the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for almanac that I've seen before include "Annual publication with weather forecasts etc." , "Statistical annual" , "Kind of year-book like Old Moore's" , "Annual calendar of events" , "Register" .)

I've seen this clue in The Telegraph.
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