Crossword Genius

Report that might be current? (7)

Ross

I believe the answer is:

account

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

'report' is the definition.
(I know that report can be written as account)

'might be current?' is the wordplay.
I cannot quite see how this works, but
'be' could be 'count' (counting is a kind of being) and 'count' is found in the answer.
'current?' could be 'ac' (alternating current) and 'ac' is located in the answer.
This accounts for all the letters.
This explanation may well be incorrect...

'that' is the link.

Can you help me to learn more?

(Other definitions for account that I've seen before include "Record of an event" , "Financial record; narrative" , "Narrative; statement" , "Reckoning; narrative" , "Bill - story" .)

I've seen this clue in The Telegraph and The Sun.
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