Praise pence and pounds being found by check on accounts (7)
I believe the answer is:
plaudit
'praise' is the definition.
(I know that praise can be written as plaudit)
'pence and pounds being found by check on accounts' is the wordplay.
'pence' becomes 'p'.
'and' says to put letters next to each other.
'pounds' becomes 'l' (L can represent the monetary pound).
'being found by' says to put letters next to each other.
'check on accounts' becomes 'audit' (I've seen this before).
'p'+'l'+'audit'='PLAUDIT'
(Other definitions for plaudit that I've seen before include "Salute" , "Acclaim" , "Praise, encomium" , "Praise bestowed" , "Praise, accolade" .)