| AAA |
Accumulated Adjustments
Account |
| AAA |
American Accounting
Association |
| AAA |
Association of Accounting
Administrators |
| AAA-CPA |
American Association of
Attorney-Certified Public Accountants |
| AACSB |
American Assembly of
Collegiate Schools of Business |
| AAER |
Accounting and Auditing
Releases |
| AAFI |
Associated Accounting Firms
International |
| AAG |
Audit and Accounting Guides |
| AAHCPA |
American Association of
Hispanic CPAs |
| ABA |
American Bar Association |
| ACA |
Accreditation Council for
Accountancy |
| ACC-SOP |
Accounting Standards Executive
Committee Statements of Position |
| ACCPA |
Atlantic Conference of CPAs,
Inc. |
| ACRS |
Accelerated Cost Recovery System |
| AcSEC |
Accounting Standards Executive
Committee |
| ADAPSO |
Association of Data Processing
Service Organizations |
| ADR |
Asset Depreciation Range |
| AFA |
Accounting Firms Associated,
Inc. |
| AFDC |
Aid to Families With Dependent
Children |
| AFR |
Applicable Federal Rate |
| AGA |
Association of Government
Accountants |
| AGI |
Accounting Group International |
| AGI |
Adjusted Gross Income |
| AI |
Artificial Intelligence |
| AICPA |
American Institute of Certified
Public Accountants |
| AIS |
Accounting Information System |
| AISG |
Accountants International Study
Group |
| AMA |
American Management Association |
| AMT |
Alternative Minimum Tax |
| AMTI |
Alternative Minimum Taxable
Income |
| APB |
Accounting Principles Board |
| APBI |
Accounting Principles Board
Interprestations |
| APBO |
Accounting Principles Board
Opinions |
| API |
Accountants for the Public
Interest |
| APBS |
Accounting Principles Board
Statements |
| ARA |
Accounting Research Association |
| ARB |
Accounting Research Bulletins |
| ARAF |
Associated Regional Accounting
Firms |
| ARIA |
Accounting Researchers
International Association |
| ARSC |
Accounting and Review Services
Committee |
| ASAE |
American Society of Association
Executives |
| ASB |
Auditing Standards Board |
| ASECPB |
ACSEC Practice Bulletins |
| ASR |
Accounting Series Releases |
| ASCII |
American Standard Code for
Information Exchange |
| ASLGU |
Audits of State and Local
Governmental Units |
| ASWA |
American Society of Women
Accountants |
| ATB |
Accounting Terminology Bulletins |
| ATRA |
American Tort Reform Association |
| AUDSEC |
Auditing Standards Executive
Committee |
| AUD-SOP |
Auditing Standards Division
Statements of Position |
| AUG |
Industry Audit Guides |
| AUI |
Auditing Interpretations |
| AWSCPA |
American Woman's Society of
Certified Public Accountants |
| |
 |
| BASIC |
Beginners All-purpose Symbolic
Instruction Code |
| BCD |
Binary Coded Decimal |
| BOM |
Bill of Materials |
| BPR |
Business Process Re-Engineering |
| |
|
|
| CAFR |
Comprehensive Annual Financial
Report |
| CART |
Committee Appointed Review Team |
| CAPM |
Capital Asset Pricing Model |
| CASB |
Cost Accounting Standards Board |
| CB |
Cummulative Bulletin |
| CBO |
Congressional Budget Office |
| CCH |
Commerce Clearing House |
| CD |
Certificate of Deposit |
| CE |
Continuing Education |
| CEO |
Chief Executive Officer |
| CFA |
Chartered Financial Analyst |
| CFC |
Controlled Foreign Corporatation |
| CFO |
Chief Financial Officer |
| CFP |
Certified Financial Planner |
| ChFC |
Chartered Financial Consultant |
| CIA |
Certified Internal Auditor |
| CIC |
Chartered Investment Counselor |
| CICA |
Canadian Institute of Chartered
Accountants |
| CIMC |
Certified Investment Management
Consultant |
| CIMS |
Certified Investment Management
Specialist |
| CISA |
Certified Information Systems
Auditor |
| CLADR |
Class Life Asset Depreciation
Range |
| CM |
Contribution Margin |
| CMA |
Certified Management Accountant |
| COBOL |
Common Business Oriented
Language |
| COLA |
Cost of Living Adjustment |
| CODA |
Cash or Deferred Arrangement
(401K) |
| COO |
Chief Operating Officer |
| COSO |
Committee of Sponsoring
Organizations of the Treadway Commission |
| CPA |
Certified Public Accountant |
| CPA/PFS |
Certified Public
Accountant/Personal Financial Specialist |
| CPA/SEA |
Certified Public Accountants'
Society Executives Association |
| CPE |
Continuing Professional
Education |
| CPI |
Consumer Price Index |
| CPM |
Critical Path Method |
| CPU |
Central Processing Unit |
| CRS |
Congressional Research Service |
| CRT |
Cathode Ray Tube |
| CSI |
Computer Security Institute |
| CVAS |
Clearinghouse For Volunteer Accountants
-- Free Accounting Services |
| CVP |
Cost-Volume-Profit |
| |
|
|
| DBMS |
Data Base Management System |
| DCAA |
Defense Contract Audit Agency |
| DCF |
Discounted Cash Flow |
| DIF |
Data Interchange Format |
| DISC |
Domestic International Sales
Corporation |
| DNI |
Distributable Net Income |
| DSS |
Decision Support System |
| DUS |
Dollar Unit Sampling |
| |
|
|
| EC |
Electronic Commerce |
| ED |
Exposure Draft |
| EDI |
Electronic Data Interchange |
| EDMAX |
Educational Management Exchange |
| EDP |
Electronic Data Processing |
| EDPAA |
EDP Auditors Association |
| EDPAF |
EDP Auditors Foundation |
| EFTS |
Electronic Fund Transfer System |
| EIC |
Earned Income Credit |
| EITF |
Emerging Issues Task Force |
| EOQ |
Economic Order Quantity |
| EPS |
Earnings Per Share |
| ERISA |
Employee Retirement Income
Security Act of 1974 |
| ERTA |
Economic Recovery Tax Act of
1981 |
| ESCORP |
Examination Services Corporation |
| ESOP |
Employee Stock Option Plan |
| ET |
Code of Professional Conduct |
| ETBYLAW |
Bylaws of the American Institute
of Certified Public Accountants |
| |
|
|
| FAE |
Foundation for Accounting
Education |
| FAF |
Financial Accounting Foundation |
| FAS |
Financial Accounting Standards |
| FASAC |
Financial Accounting Standards
Advisory Committee |
| FASAB |
Federal Accounting Standards
Advisory Board |
| FASB |
Financial Accounting Standards
Board |
| FASC |
Concepts Statements of the
Financial Accounting Standards Board |
| FASBI |
Financial Accounting Standards
Board Interpretations |
| FASBS |
Statements of the Financial
Accounting Standards Board |
| FASBT |
Financial Accounting Standards
Board Technical Bulletins |
| FCPA |
Foreign Corrupt Practices Act |
| FDIC |
Federal Deposit Insurance
Corporation |
| FEI |
Financial Executives Institute |
| FEITFIS |
FASB Emerging Issues Task Force
Issue Summaries |
| FEITFM |
FASB Emerging Issues Task Force
Minutes of Meetings |
| FERF |
Financial Executives Research
Foundation |
| FGAA |
Federal Government Accountant's
Association |
| FICA |
Federal Insurance Contributions
Act |
| FIFO |
First-in, First-out |
| FLSA |
Fair Labor Standards Act |
| FOB |
Free-on-Board |
| FOF |
Firm-on-Firm Review |
| FORTRAN |
Formula Translation |
| FR |
Federal Register |
| FRR |
Financial Reporting Releases |
| FS |
Financial Statement |
| FSA |
Federation of Schools of
Accountancy |
| FSC |
Foreign Sales Corporation |
| FTC |
Federal Trade Commission |
| FTD |
Federal Tax Deposit |
| FUTA |
Federal Unemployment Tax ACT |
| |
|
|
| GAAFR |
Governmental Accounting,
Auditing, and Financial Reporting |
| GAAP |
Generally Accepted Accounting
Principles |
| GAAS |
Generally Accepted Auditing
Standards |
| GAGAS |
Generally Accepted Government
Auditing Standards |
| GAO |
General Accounting Office |
| GAS |
Governmental Accounting
Standards |
| GASB |
Governmental Accounting
Standards Board |
| GASBC |
Concepts Statements of the
Governmental Accounting Standards Board |
| GASB-COD |
Governmental Accounting
Standards Board Codification |
| GASBI |
Governmental Accounting
Standards Board Interpretations |
| GASBS |
Statements of the Governmental
Accounting Standards Board |
| GASBT |
Governmental Accounting
Standards Board Technical Bulletions |
| GDP |
Gross Domestic Product |
| GFOA |
Government Finance Officers
Association |
| GL |
General Ledger |
| GTT |
General Agreement on Tariffs and
Trades |
| |
|
|
| HFMA |
Healthcare Financial Management
Association |
| |
|
|
| IAA |
Internal Accounting Association |
| IAAA |
Inter-American Accounting
Association |
| IAFP |
International Association for
Financial Planning |
| IAG |
International Auditing
Guidelines |
| IAHA |
International Association of
Hospitality Accountants |
| IAI |
Independent Accountants
International |
| IAPC |
International Auditing Practices
Committee |
| IAS |
International Accounting
Standards |
| IASC |
International Accounting
Standards Committee |
| IBRD |
International Bank for
Reconstruction and Development |
| IC |
Internal Control |
| ICA |
International Congress of
Accountants |
| ICFA |
Institute of Chartered Financial
Analysts |
| ICFP |
Institute for Certified
Financial Planners |
| ID |
Identification |
| IDB |
Industrial Development Bond |
| IDC |
Intangible Drilling Cost |
| IFA |
International Federation of
Accountants |
| IFPS |
Interactive Financial Planning
System |
| IG |
Inspector General |
| IGAF |
International Group of
Accounting Firms |
| IIA |
Institute of Internal Auditors |
| IMA |
Institute of Management
Accountants |
| IMF |
International Monetary Fund |
| INCFO |
Institute of Newspaper
Controllers and Finance Officers |
| IRA |
Individual Retirement Account |
| IRB |
Internal Revenue Bulletin |
| IRR |
Internal Rate of Return |
| IRS |
Internal Revenue Service |
| ISO |
Incentive Stock Option |
| IT |
Information Technology |
| |
|
|
| JEEP |
Joint Ethics Enforcement Plan |
| |
|
|
| LAN |
Local Area Network |
| LC |
Letter of Credit |
| LCM |
Lower of Cost or Market |
| LEXIS |
Legal Exchange Information
Service |
| LIFO |
Last-in, First-out |
| LOC |
Letters of Comment |
| LOR |
Letters of Response |
| |
|
|
| MAP |
Management of an Accounting
Practice |
| MACRS |
Modified Accelerated Cost
Recovery System |
| MAS |
Management Advisory Services |
| MBO |
Management By Objective |
| MCS |
Management Consulting Services |
| MFOA |
Municipal Finance Officers
Association |
| MIS |
Management Information System |
| MRP |
Material Requirement Planning |
| |
|
|
| NAA |
National Association of
Accountants (Now IMA) |
| NAAACPA |
National Association of Asian
American Certified Public Accountants |
| NAAI |
National Association of
Accountants in Insolvencies |
| NAARS |
National Automated Accounting
Research System |
| NABA |
National Association of Black
Accountants |
| NAFC |
National Accounting and Finance
Council |
| NASBA |
National Association of State
Boards of Accountancy |
| NASD |
National Association of
Securities Dealers |
| NASDQ |
National Association of
Securities Dealers Automated Quotations |
| NCCPAP |
National Conference of CPA
Practitioners |
| NCGA |
National Council of Governmental
Accounting |
| NCPAG |
National CPA Group |
| NIFO |
Next-in, First-out |
| NOL |
Net Operating Loss |
| NPV |
Net Present Value |
| NSAC |
National Society of Accountants
for Cooperatives |
| NSF |
Not Sufficient Funds |
| NYSE |
New York Stock Exchange |
| |
|
|
| OCBOA |
Other Comprehensive Bases of
Accounting |
| OCC |
Office of the Comptroller of the
Currency |
| OCR |
Optical Character Recognition |
| OMB |
Office of Management and Budget |
| OR |
Operations Research |
| OTC |
Over-the-Counter |
| OTS |
Office of Thrift Supervision |
| OSHA |
Occupational Safety and Health
Act |
| |
|
|
| PA |
Public Accountant |
| PAC |
Political Action Committee |
| PAL |
Passive Activity Loss |
| PAR |
Public Accounting Report |
| PCIE |
President's Council on Integrity
and Efficiency Single Audit Committee |
| PCPS |
Private Companies Practice
Section |
| PDI |
Practice Development Institute |
| P/E |
Price-Earnings |
| PERT |
Program Evaluation and Review
Technique |
| PFP |
Personal Financial Planning |
| PFS |
Personal Financial Specialist |
| PO |
Purchase Order |
| POB |
Public Oversight Board |
| POS |
Point-of-Sale |
| PPBS |
Program-Planning-Budgeting
System |
| PPC |
Practitioners Publishing Company |
| PRC |
Peer Review Committee |
| PSC |
Personal Service Corporation |
| PTP |
Publicly Traded Partnership |
| PV CHART |
Profit-Volume Chart |
| |
|
|
| QC |
Quality Control |
| QCIC |
Quality Control Inquiry
Committee |
| QCP |
Quality Control Policies and
Procedures |
| QCS |
Statements of Quality Control
Standards |
| QCSI |
Interpretations of Quality
Control Standards |
| QR |
Quality Review Program |
| QTIP |
Qualified Terminable Interest
Property |
| |
|
|
| R&D |
Research and Development |
| RAM |
Randomn-Access Memory |
| RAP |
Regulatory Accounting Principles |
| REIT |
Real Estate Investment Trust |
| RI |
Residual Income |
| RFP |
Request for Proposal |
| RIA |
Registered Investment Adviser |
| RICO |
Racketeer Influenced and Corrupt
Organizations Act |
| ROI |
Return on Investment |
| ROM |
Read-Only Memory |
| RRA |
Revenue Reconciliation Act of
1990 |
| |
|
|
| SAB |
Staff Accounting Bulletins |
| SAP |
Statements on Auditing Procedure |
| SAS |
Statements on Auditing Standards |
| SAS |
Statistical Analysis Systems |
| SBA |
Small Business Administration |
| SEC |
Securities and Exchange
Commission |
| SECPS |
Securities and Exchange
Commission Practice Section |
| SEPP |
Simplified Employee Pension Plan |
| SFAC |
Statements of Financial
Accounting Concepts |
| SFAS |
Statements of Financial
Accounting Standards |
| SIA |
Society of Insurance Accountants |
| SMAS |
Statements of Standards for
Management Advisory Services |
| SNBG |
State Network on Block Grants |
| SOP |
Statements of Position |
| SRLY |
Separate Return Limitation Year |
| SRM |
Summary Review Memorandum |
| SSAE |
Statements on Standards for
("SS") Attestation Engagements |
| SSARS |
SS Accounting and Review
Services |
| SSARSI |
SS Accounting and Review
Interpretations |
| SSASPFI |
SS Accountants' Services on
Prospective Financial Information |
| SSMAS |
SS Management Advisory Services |
| SYD |
Sum-of-the-Years'-Digits |
| |
|
|
| TAMRA |
Technical and Miscellaneous
Revenue Act of 1998 |
| TAB |
Tax Anticipation Bill |
| TAN |
Tax Anticipation Note |
| TAN |
Tax Anticipation Note |
| TARR |
Time-Adjusted Rate of Return |
| TEFRA |
Tax Equity and Fiscal
Responsibility Act of 1982 |
| TIC |
Technical Issues Committee |
| TIS |
AICPA Technical Practice Aids |
| TMP |
Tax Matters Partner |
| |
|
|
| UCC |
Uniform Commercial Code |
| UEC |
Union Europeene des Experts
Comptables Economiques et Financiers |
| UNI |
Undistributed Net Income |
| USTC |
United States Tax Court |
| |
|
|
| VAT |
Value-Added Tax |
| |
|
|
| WIN |
Work Incentive Credit |
| WIP |
Work-In-Process |
| |
|
|
| Y2K |
Year 2000 |