Accounting Terms/Accounting Dictionary/Accounting Glossary

Largest Online Accounting Dictionary - Over 4,200 Accounting Terms

Whether you are an analyst, business person or accounting student, audit the records of a corporation, a business manager, or balance your own checkbook, you will find the VentureLine accounting dictionary of accounting terms of immeasurable assistance. Whatever your circumstance, this VentureLine accounting glossary provides the definitions and examples you need for you to know about all aspects of financial record keeping and reporting.

The concept behind the VentureLine MBA Accounting Glossary is totally new. All accounting terms and their associated definitions were requested by you the VentureLine user. Whenever requests via email for additional definitions are received, our staff researches and provides answers via e-mail to the requesting user. Those accounting terms are then also added to the VentureLine Accounting Dictionary. So, the architecture and terms contained herein were developed by you our users. The result is an accounting dictionary or glossary that is relevant to today’s environment. It also mandates that the VentureLine Accounting Glossary be a living document in that the accounting terms are updated whenever new accounting terms are requested..

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There are 333 accounting terms that start with 'A'

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Terms
Definitions
A is the fifth letter of a...Read More
A&E can mean either Appropriation & Expense...Read More
A&G is Administrative & General.
A&M is Additions and Maintenance.
A&P is an acronym for Administrative and...Read More
AAA is American Accounting Association, Association of...Read More
AAA-CPA is American Association of Attorney-Certified Public...Read More
AACSB - Association to Advance Collegiate Schools...Read More
AAFI is Associated Accounting Firms International.
AAHCPA is American Association of Hispanic CPAs.
AAT, in Great Britain, is Association of...Read More
ABA (Accredited Business Accountant or Accredited Business...Read More
ABATEMENT, in general, is the reduction or...Read More
ABC see ACTIVITY BASED COSTING.
ABM see ACTIVITY BASED MANAGEMENT.
ABNORMAL EXPENSE see EXTRAORDINARY ITEMS.
ABNORMAL GAIN see NORMAL LOSS.
ABNORMAL ITEMS see EXTRAORDINARY ITEMS.
ABNORMAL LOSS see NORMAL LOSS.
ABNORMAL RETURNS is the difference between the...Read More
ABNORMAL SPOILAGE is spoilage that is not...Read More
ABOVE THE LINE, a. in accounting, denotes...Read More
ABSOLUTE CHANGE is a numerical change in...Read More
ABSORB is to assimilate, transfer or incorporate...Read More
ABSORBED COSTS incorporates both variable and fixed...Read More
ABSORPTION see ABSORB.
ABSORPTION COSTING is the method under which...Read More
ABSORPTION PRICING is where all costs, both...Read More
ABSORPTION VARIANCE is the variance from budgeted...Read More
ACA is Accreditation Council for Accountancy.
ACAT (Accreditation Council for Accountancy and Taxation)...Read More
ACB normally refers to adjusted cost base.
ACCELERATED DEPRECIATION is a method of calculating...Read More
ACCEPTANCE is a drawees promise to pay...Read More
ACCEPTANCE SAMPLING is statistical sampling to determine...Read More
ACCOMODATION ENDORSEMENT is a) the guarantee given...Read More
ACCOUNT is the detailed record of a...Read More
ACCOUNT AGING usually refers to the methods...Read More
ACCOUNT ANALYSIS is a way to measure...Read More
ACCOUNT CURRENT is a running or continued...Read More
ACCOUNT DISTRIBUTION is the process by which...Read More
ACCOUNT GROUP, in accounting, is a designation...Read More
ACCOUNT-CLASSIFICATION METHOD, also called account analysis, is...Read More
ACCOUNTABILITY is the obligation of an individual...Read More
ACCOUNTANTS OPINION is a signed statement regarding...Read More
ACCOUNTING is primarily a system of measurement...Read More
ACCOUNTING AND REVIEW SERVICES are governed by...Read More
ACCOUNTING CONCEPTS are the assumptions underlying the...Read More
ACCOUNTING CONVENTION see CONVENTION.
ACCOUNTING CYCLE is the sequence of steps...Read More
ACCOUNTING DATA is all the information and...Read More
ACCOUNTING DIVERSITY is the recognition that many...Read More
ACCOUNTING ENTITY is an organization, institution or...Read More
ACCOUNTING ENTITY ASSUMPTION states that a business...Read More
ACCOUNTING EQUATION is a mathematical expression used...Read More
ACCOUNTING ESTIMATE is an approximation of a...Read More
ACCOUNTING EVENT is when the assets and...Read More
ACCOUNTING INCOME is the income derived through...Read More
ACCOUNTING MEASUREMENT AND DISCLOSURE is the concepts...Read More
ACCOUNTING PACKAGE/SOFTWARE, usually, is a commercially available...Read More
ACCOUNTING PERIOD is the time period for...Read More
ACCOUNTING PRINCIPLES see GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
ACCOUNTING PRINCIPLES BOARD (APB) OPINIONS were published...Read More
ACCOUNTING RATIO is the result of dividing...Read More
ACCOUNTING RECORDS are the records of initial...Read More
ACCOUNTING RESEARCH BULLETINS (ARBs) were issued years...Read More
ACCOUNTING STANDARDS BOARD (ASB) makes, improves, amends...Read More
ACCOUNTING SYSTEM is the set of manual...Read More
ACCOUNTING THEORY tries to describe the role...Read More
ACCOUNTING TIMING DIFFERENCE is the effect that...Read More
ACCOUNTING TREATEMENT is the methods, processes and...Read More
ACCOUNTS PAYABLE (AP) are trade accounts of...Read More
ACCOUNTS PAYABLE TO SALES measures the speed...Read More
ACCOUNTS RECEIVABLE is a current asset representing...Read More
ACCOUNTS RECEIVABLE LEDGER is the bookkeeping ledger...Read More
ACCOUNTS RECEIVABLE RESERVE is a reserve against...Read More
ACCOUNTS RECEIVABLE TURNOVER is the ratio of...Read More
ACCRETION is the adjustment of the difference...Read More
ACCRUAL is the recognition of revenue when...Read More
ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.
ACCRUAL BASIS OF ACCOUNTING is wherein revenue...Read More
ACCRUAL BOND is a bond on which...Read More
ACCRUAL CONCEPT see ACCRUAL BASIS OF ACCOUNTING.
ACCRUED ASSETS are assets from revenues earned...Read More
ACCRUED EXPENSES are expenses incurred during an...Read More
ACCRUED INCOME is income earned during a...Read More
ACCRUED INTEREST is interest earned but not...Read More
ACCRUED INVENTORY functions as a "clearing" account...Read More
ACCRUED LIABILITY are liabilities which are incurred,...Read More
ACCRUED PAYROLL is a liability arising from...Read More
ACCRUED REVENUE is the accumulated revenue as...Read More
ACCRUED VACATION see ACCRUED LIABILITY.
AccSEC is Accounting Standards Executive Committee.
ACCUMULATED ADJUSTMENT ACCOUNT (AAA) under Section 1368(e)(1)...Read More
ACCUMULATED AMORTIZATION is the cumulative charges against...Read More
ACCUMULATED DEPRECIATION is the cumulative charges against...Read More
ACH is Automated Clearing House.
ACID-TEST RATIO is an analysis method used...Read More
ACKNOWLEDGEMENT OF INDEBTEDNESS is a written recognition...Read More
ACMA is an acronym for Associate Chartered...Read More
ACQUISITION is one company taking over controlling...Read More
ACQUISITION COST is the amount, net of...Read More
ACQUISITION PRICE PRINCIPLE see COST PRINCIPLE.
ACR is Accounts Receivable. See ACCOUNTS RECEIVABLE.
ACRS is Accelarted Cost Recovery System.
ACTIVE is a a security eligible for the...Read More
ACTIVE MANAGEMENT, in securities, is the trading...Read More
ACTIVITY BASED COSTING (ABC) is a costing...Read More
ACTIVITY BASED MANAGEMENT (ABM) converts Activity Based...Read More
ACTIVITY DRIVERS, in activity based costing (ABC),...Read More
ACTIVITY RATIO is any accounting ratio that...Read More
ACTUAL CASH VALUE (ACV) is the common...Read More
ACTUAL COST is the amount paid for...Read More
ACTUALS is jargon used when speaking of...Read More
ACTUARIAL METHOD means the method of allocating...Read More
ACTUARIAL SCIENCE applies mathematical and statistical methods...Read More
ACV see ACTUAL CASH VALUE.
AD HOC is being concerned with a...Read More
ADA, among others, is Americans with Disabilities...Read More
ADD-INS is: a. something designed or intended...Read More
ADDITIONAL PAID IN CAPITAL is the amounts...Read More
ADEA is Age Discrimination in Employment Act...Read More
ADEQUATE DISCLOSURE is sufficient information in footnotes,...Read More
ADF, in invoicing, is After Deducting Freight.
ADI, in invoicing, is After Date of...Read More
ADJUNCT ACCOUNT is an account that accumulates...Read More
ADJUSTABLE RATE MORTGAGE (ARM) is A mortgage that...Read More
ADJUSTABLE RATE PREFERRED (ARP) is preferred stock...Read More
ADJUSTED BASIS see BASIS.
ADJUSTED BOOK VALUE is the value that...Read More
ADJUSTED EARNINGS PER SHARE is a non-GAAP...Read More
ADJUSTING ENTRIES are special accounting entries that...Read More
ADJUSTMENT can be either: 1. an increase...Read More
Adjustments will vary dependent upon how the...Read More
ADJUSTMENTS TO INCOME are all tax code...Read More
ADMINISTRATIVE RECEIVER is an Insolvency practitioner appointed...Read More
ADMINISTRATIVE/ADMINISTRATION COST see INDIRECT COST.
ADMITTED ASSETS are assets whose values are...Read More
ADMITTED VALUE see ADMITTED ASSETS.
ADOPENGÖ is the currency of Hungary.
ADR see AMERICAN DEPOSITORY RECEIPTS.
ADSCR is Average Debt Service Coverage Ratio.
ADVANCE is an amount paid before it...Read More
ADVANCE CORPORATION TAX (ACT) is a UK...Read More
ADVANCED ACCOUNTING covers accounting operations, patterns, merger...Read More
ADVERSE OPINION is expressed if the basis...Read More
ADVICE NOTE is a written piece of...Read More
ADVISING BANK is a bank in the...Read More
ADVISORY SERVICES is a consulting service in...Read More
AFE, dependent upon usage, is an acronym...Read More
AFFILIATE is a relationship between two companies...Read More
AFGHANI is the currency of Afghanistan.
AFUDC is Accumulated Funds Used During Construction...Read More
AGA is Association of Government Accountants.
AGE OF INVENTORY see DAYS INVENTORY.
AGED TRIAL BALANCE alphabetically lists accounts receivable...Read More
AGENCIES is securities issued by various agencies...Read More
AGENCY is the relationship between a principal...Read More
AGENCY COSTS is the incremental costs of...Read More
AGGREGATE is the sum or total.
AGGREGATE ASSETS see AGGREGATE.
AGGREGATE THEORY is a theory of partnership...Read More
AGI (Annual Gross Income) is annualized total...Read More
AGING see ACCOUNT AGING.
AGING OF ACCOUNTS is the classification of...Read More
AGING OF RECEIVABLES see ACCOUNT AGING.
AGREED UPON PROCEDURES are used when a...Read More
AI is Artificial Intelligence.
AICPA is the American Institute [of] Certified...Read More
AIR WAYBILL is a bill of lading...Read More
AIS is Accounting Information System.
AISG is Accountants International Study Group.
ALL OTHER EXPENSES (NET) includes miscellaneous other...Read More
ALLOCATE is to distribute according to a...Read More
ALLOCATION is the act of distributing by...Read More
ALLONGE is a piece of paper attached...Read More
ALLOWANCE, within Sales, is a concession granted...Read More
ALLOWANCE FOR BAD DEBTS is an account...Read More
ALLOWANCE FOR DOUBTFUL ACCOUNTS see ALLOWANCE FOR...Read More
ALLOWANCE FOR DOUBTFUL DEBTS see ALLOWANCE FOR...Read More
ALLOWANCE FOR NOTES RECEIVABLE LOSSES is an...Read More
ALLOWANCE FOR SAMPLING RISK is the difference...Read More
ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS see ALLOWANCE FOR...Read More
ALLOWANCE METHOD is the accepted way to...Read More
ALPHA is the measurement of returns from...Read More
ALTERNATE PAYEE ENDORSEMENT, normally, it is when...Read More
ALTERNATIVE MINIMUM TAX (AMT) is an alternative...Read More
ALTMAN Z-SCORE reliably predicts whether or not...Read More
ALTMAN, EDWARD developed the "ALTMAN Z-SCORE" by...Read More
AM can be: Asset Management, Account Manager,...Read More
AMALGAMATION is a consolidation or merger, as...Read More
AMERICAN DEPOSITORY RECEIPTS (ADR) is ownership in the...Read More
AMORTIZATION 1. is the gradual reduction of...Read More
AMORTIZATION EXPENSE is the allocation to expenses...Read More
AMS see AUTOMATED MANIFEST SYSTEM.
AMT see ALTERNATIVE MINIMUM TAX.
AMT BOND is a municipal bond issue used...Read More
ANALYSIS CODES, in accounting, represent software driven...Read More
ANALYSTS' ESTIMATES is where analysts, stockbrokers and...Read More
ANALYTICAL PROCEDURE is a comparison of financial...Read More
ANALYZE is to Identify and classify items...Read More
ANCILLARY relates to something extra or of...Read More
ANGEL INVESTOR is a private wealthy individual...Read More
ANNUAL REPORT is the requirement for all...Read More
ANNUALIZE is a statistical technique whereby figures...Read More
ANNUITY, in finance, is a series of...Read More
ANOMALY, generally, is a deviation from the...Read More
ANR is Average Number of Runs or...Read More
ANTICIPATED is what is expected.
ANTITRUST LAWS is U.S.legislation to prevent monopolies...Read More
AOP is either Adjusted Operating Profit or...Read More
AP is Accounts Payable.
APB is Accounting Principles Board or an...Read More
APB 18 is the Accounting Principles Board...Read More
APB 29 (Accounting Principles Board Opinion No....Read More
APE is Account Period Ending (Normally followed...Read More
API is Accountants for the Public Interest.
APIC is an acronym for Additional Paid-In-Capital...Read More
APPLICABLE FINANCIAL REPORTING FRAMEWORK is the financial...Read More
APPLICATION CONTROL is the programmed procedure in...Read More
APPLICATION RATE is the quantity (mass, volume...Read More
APPLICATION RATE, OVERHEAD is a rate used...Read More
APPLIED RESEARCH is designed to solve practical...Read More
APPORTION is to divide and share out...Read More
APPRAISAL is a report made by a...Read More
APPRAISAL VALUE is an opinion of a...Read More
APPRECIATION is the increase in the value...Read More
APPROPRIATE / APPROPRIATED / APPROPRIATION is distribution...Read More
APPROPRIATION ACCOUNT is a separate account for...Read More
APR is Annual Percentage Rate, i.e. the...Read More
AR is Accounts Receivable.
ARB is Accounting Research Bulletins.
ARBITRAGE is the movements of funds to...Read More
ARBITRAGEUR is traditionally someone who indulges in...Read More
ARGUMENT IN ACCOUNTING usually revolves around the...Read More
ARIARY is the currency of Madagascar.
ARM see ADJUSTABLE RATE MORTGAGE.
ARM'S LENGTH TRANSACTION is a transaction that...Read More
AROE is Adjusted Return on Equity.
ARP see ADJUSTABLE RATE PREFERRED.
ARPU is Average Revenue Per User.
ARR is an acronym for Accounting Rate...Read More
ARREAGE is unpaid dividends on cumulative preferred...Read More
ARREARS is an unpaid overdue debt, or...Read More
ARTICLES OF INCORPORATION is the primary legal...Read More
ARTICLES OF PARTNERSHIP is the contract creating...Read More
ARTICULATION, in business, is the shape or...Read More
AS-IS CONDITION is the transfer of title...Read More
ASB see ACCOUNTING STANDARDS BOARD.
ASC is Accounting Standards Committee or Australian...Read More
ASCII is American Standard Code for Information...Read More
ASEAN (Association of Southeast Asian Nations) is...Read More
ASK PRICE, in the context of the...Read More
ASRB is Accounting Standards Review Board.
ASRs is Accounting Series Releases.
ASSERTION is when management asserts financial statements...Read More
ASSESSED VALUE is the estimated value of...Read More
ASSESSMENT is a. proportionate share of a...Read More
ASSET is anything owned by an individual...Read More
ASSET APPROACH is a general way of determining a...Read More
ASSET AVAILABILITY is the stated condition or...Read More
ASSET BACKED SECURITY is a debt instrument...Read More
ASSET EARNING POWER is a common profitability...Read More
ASSET MANAGEMENT RATIO shows how effectively the...Read More
ASSET REVALUATION RESERVE is an accounting concept...Read More
ASSET REVERSION is asset recovery by the...Read More
ASSET SALE is the sale of certain...Read More
ASSET STRIPPING is buying a business and...Read More
ASSET TURNOVER RATIO is a general measure...Read More
ASSET VALUATION is the process of determining...Read More
ASSETS HELD FOR SALE are those assets,...Read More
ASSIGNED VALUE is a value that serves...Read More
ASSOCIATE, in business, is a person brought...Read More
ASSOCIATED CREDIT is where a charitable or...Read More
ASSUMPTION, generally, is one or more beliefs...Read More
ASSURANCE has been defined by the American...Read More
ASSURANCE ENGAGEMENT is an engagement in which...Read More
ASWA is American Society of Women Accountants.
AT RISK is the exposure to the...Read More
AT THE MONEY is an option where...Read More
ATA (Accredited Tax Advisor), in the US,...Read More
ATM see AUTOMATED/AUTOMATIC TELLER MACHINE.
ATP is an acronym for After Tax...Read More
ATP (Accredited Tax Preparer), in the US,...Read More
ATTEST is to authenticate, affirm to be...Read More
ATTESTATION RISK is the risk the CPA...Read More
ATTORNEY'S LETTER is signed by the client's...Read More
ATTRIBUTABLE what the cause is, e.g. bankruptcy...Read More
ATTRIBUTE SAMPLING is a property that has...Read More
ATTRITION a reduction in numbers usually as...Read More
AUCTION MARKET is a trading system in...Read More
AUCTION-RATE PREFERRED STOCK is preferred stock issues...Read More
AUDIT is the inspection of the accounting...Read More
AUDIT ADJUSTMENT is a correction of a...Read More
AUDIT BUREAU OF CIRCULATION (ABC) is a...Read More
AUDIT COMMITTEE, in a larger or more...Read More
AUDIT DOCUMENTATION see WORKING PAPERS.
AUDIT EVIDENCE includes written and electronic information...Read More
AUDIT FAILURE is an instance where the...Read More
AUDIT OBJECTIVE is when in obtaining evidence...Read More
AUDIT OPINION LETTER is a signed representation...Read More
AUDIT PLAN / PLANNING is developing an...Read More
AUDIT REPORT is a signed, written document...Read More
AUDIT RISK is a combination of the...Read More
AUDIT SCHEDULES are the information formats developed...Read More
AUDIT SCOPE refers to the activities covered...Read More
AUDIT STRATEGY is a game plan to...Read More
AUDIT TRAIL is a step-by-step record by...Read More
AUDITING STANDARDS provide minimum guidance for the...Read More
AUDITOR is an accountant usually certified by...Read More
AUKSINAS (AUKSINU, AUKSINAI) is the currency of...Read More
AUSTRAL (AUSTRALES) is the currency of Argentina.
AUTHORITATIVE PRONOUNCEMENT is a formal declaration of...Read More
AUTHORIZATION OF STOCK is the provision in...Read More
AUTHORIZATION SCHEDULE is the guideline under which...Read More
AUTHORIZE / AUTHORIZATION is to give permission...Read More
AUTHORIZED CAPITAL STOCK is the maximum number...Read More
AUTHORIZED STOCK see AUTHORIZED CAPITAL STOCK.
AUTOMATED MANIFEST SYSTEM (AMS) is a multi-modular...Read More
AUTOMATED/AUTOMATIC TELLER MACHINE (ATM) is an unattended...Read More
AUXILIARY JOURNAL is a journal in which...Read More
AVAILABLE FOR SALE is a term that...Read More
AVAL is a term meaning inseparable from...Read More
AVALIZOR is an institution or person who...Read More
AVERAGE AGE OF INVENTORY is calculated by...Read More
AVERAGE COST is total cost for all...Read More
AVERAGE COST METHOD is using a weighted...Read More
AVERAGE FUNDS EMPLOYED see FUNDS EMPLOYED.
AVERAGE LIFE, in securities, is the weighted average...Read More
AVERAGE SETTLEMENT PERIOD is calculated: For Debtors...Read More
AVOIDABLE COST is the amount of expense...Read More
AWSCPA is American Women's Society of Certified...Read More
AXIOM, generally, it is a saying that...Read More
There are 333 accounting terms that start with 'A'