"Where Everyone Has an MBA"
Tel: (612) 246-4616
Frequently Asked Questions
- Frequently Asked Questions
- User Testimonials
Enter Search Term
Enter a term, then click the entry you would like to view.
Purchase and download Glossary
accounting terms that start with
Suggest a Term
Suggest a New Term
= required field
I as the fifth letter of a
IAAA is Inter-American Accounting Association.
IAPC is International Auditing Practices Committee.
IAS is Institute of Asset Management (UK).
IAS see INTERNATIONAL ACCOUNTING STANDARDS.
IASB see International Accounting Standards Board.
IASC is International Accounting Standards Committee.
IAW is In Accordance With or In
IBA, among others, can mean: Individual Brokerage
IBER is Institute of Business and Economic
IBNR is Incurred But Not Reported.
IBRD is International Bank for Reconstruction and
ICA is International Congress of Accountants.
ICFA is Institute of Chartered Financial Analysts.
IDB is Industrial Development Board.
IDC is Intangible Drilling Cost.
IDENTIFIABLE ASSETS and LIABILITIES
IDENTIFIABLE ASSETS and LIABILITIES are those assets
IDLE TIME is unproductive time caused by,
IFA in International Federation of Accountants.
IFPS is Interactive Financial Planning System.
IFRS see INTERNATIONAL FINANCIAL REPORTING STANDARDS.
IIA is Institute of Internal Auditors.
ILLIQUID is when cash flows generated by
IMA, in accounting, refers to the Institute
IMAD, dependent upon usage, is Input Messaging
IMAGE PROCESSING SYSTEMS
IMAGE PROCESSING SYSTEMS scan documents into electronic
IMF is International Monetary Fund.
IMMATERIALITY is of complete irrelevance requiring no
IMMEDIATE FAMILY is a husband or wife;
IMMOVABLE is a. not able to be
IMMUNIZED PORTFOLIO is a portfolio structured such
IMPAIRED ASSETS, in banking, applies to all
IMPAIRED GOODWILL is the recognition of the
IMPAIRMENT see FRS 11.
IMPAIRMENT OF VALUE
IMPAIRMENT OF VALUE is the permanent decline
IMPERSONAL ACCOUNTS represents accounts other than Personal
IMPERSONAL LEDGER see LEDGER.
IMPLEMENTATION OF INTERNAL CONTROL
IMPLEMENTATION OF INTERNAL CONTROL means the auditor
IMPLICIT RATE OF INTEREST
IMPLICIT RATE OF INTEREST is when the
IMPLICITY is something implied or understood although
IMPLIED DIVIDEND RATE
IMPLIED DIVIDEND RATE is the basis for calculating
IMPOSE is to set forth authoritatively as
IMPOSTA VALORE AGGIUNTO TAX
IMPOSTA VALORE AGGIUNTO TAX (IVA TAX), in
IMPREST see PETTY CASH.
IMPREST BASIS, in cash accounts, means that
IMPUTED COSTS refer to the cost of
IMPUTED VALUE is the logical or implicit
IN THE BLACK
IN THE BLACK means making money; the
IN THE RED
IN THE RED means losing money; the
IN-KIND is the value of goods or
IN-THE-MONEY OPTION is an expression used for
INBR see INCURRED BUT NOT REPORTED; could
INCLUDIBLE COMPENSATION is defined in section 403(b)(3)
INCOME is the amount of money or
INCOME AFTER TAXES
INCOME AFTER TAXES is the net profit earned
INCOME APPROACH is a general way of
INCOME CAPITALIZATION: First you must determine the
INCOME GEARING RATIO
INCOME GEARING RATIO is Interest Expense /
INCOME SMOOTHING refers to measures taken to
INCOME STATEMENT see PROFIT AND LOSS STATEMENT.
INCOME SUMMARY ACCOUNT
INCOME SUMMARY ACCOUNT is the account in
INCOME TAX is a tax paid on
INCOME TAXES PAYABLE
INCOME TAXES PAYABLE is income taxes due
INCOME THEORIES try to identify the real
INCOMPATIBLE DUTIES arise in internal control systems
INCOMPETENCE is lack of physical or intellectual
INCORPORATED is a legal entity that has
INCORPORATION is a legal process through which
INCORRECT ACCEPTANCE, in accounting, is the risk the
INCORRECT REJECTION, in accounting, is the risk
INCREMENTAL is increasing gradually by regular degrees
INCREMENTAL COST is the increase or decrease
INCREMENTAL COST OF CAPITAL
INCREMENTAL COST OF CAPITAL is the weighted
INCUR is acquiring or getting into something
INCURRED BUT NOT REPORTED
INCURRED BUT NOT REPORTED (IBNR), in insurance,
INDEFEASIBLE not liable to being annulled or
INDENTURE is an agreement between lender and
INDEPENDENT AUDIT is an examination of financial
INDEX OF LEADING ECONOMIC INDICATORS
INDEX OF LEADING ECONOMIC INDICATORS is compiled
INDEX STOCK is a security listed on
INDEX-LINKED BOND provides a secure investment in
INDICATIVE is a stock price quote that is
INDIFFERENCE CURVE, in microeconomics, an indifference curve
INDIFFERENCE POINT is that point on the
INDIRECT COST is that portion of cost
INDIRECT SHAREHOLDING is when one entity directly
INDIVIDUAL INVESTOR is a person that buys or
INDUCEMENT is a reward for a specific
INDUCTIVE ACCOUNTING THEORY
INDUCTIVE ACCOUNTING THEORY (scientific method) assumes accounting
INDUSTRIAL ESPIONAGE or corporate espionage is espionage
INDUSTRIAL REVENUE BOND
INDUSTRIAL REVENUE BOND (I.R.B.) is a bond
INDUSTRY is the people or companies engaged
INDUSTRY ANALYSIS includes, but is not limited
INELIGIBLE is securities not quoted on the
INFERENCE CONTROL is a control used in
INFLATION is an increase in the general
INFLATION ACCOUNTING is a system of accounting
INFLATION ADJUSTMENT is whenever any figure is
INFLATION HEDGE is a defensive investment that protects
INFLATION RISK is the risk that total return
INFORMATION / INFORMATIONAL RETURN
INFORMATION / INFORMATIONAL RETURN is one of
INFORMATION THEORY is a branch of mathematics
INFRASTRUCTURE is the resources (as personnel, buildings,
INHERENT LIMITATION is whether the potential effectiveness
INHERENT RISK, generally, it is the risk
INHERITANCE TAX is a tax charged on
INITIAL TERM is normally the first time
INITIATE is to set going by taking
INITIATIVE is a key action program developed
INPUT CONTROLS are computer controls designed to
INPUT VAT is the VAT on a
INQUIRE / INQUIRY
INQUIRE / INQUIRY is to ask questions
INSERTION ORDER, in marketing, is an agreement
INSIDE INFORMATION is the information which the
INSIDE MARKET is the highest bid and
INSIDER TRADING is the trading, primarily of
INSIDERS are all persons who come into
INSOLVENCY occurs when a business is unable
INSPECT / INSPECTION
INSPECT / INSPECTION, during an audit, is
INSTALLATION is 1. the act of installing
INSTALLMENT AGREEMENT see INSTALLMENT SALE.
INSTALLMENT SALE is selling property and receiving
INSTITUTIONAL INVESTOR is a bank, mutual fund,
INSURABLE EARNINGS, as it pertains to unemployment
INSURANCE BROKER is a specialized broker who
INSURANCE CLAIM is a written notification to
INTANGIBLE ASSET is an asset that is
INTANGIBLE ASSETS are non-physical assets (such as
INTANGIBLES (NET) are intangible assets, including goodwill,
INTEGRATED FINANCIAL MODEL
INTEGRATED FINANCIAL MODEL is normally a spreadsheet
INTEGRATED LEDGER see ENTERPRISE RESOURCE PLANNING.
INTEGRATED TEST FACILITY
INTEGRATED TEST FACILITY is where a fictitious
INTEGRITY is consistent adherence to an ethical
INTELLECTUAL CAPITAL Intellectual capital bundles knowledge resources
INTELLECTUAL CAPITAL STATEMENT
INTELLECTUAL CAPITAL STATEMENT (ICS) provides: a. Insights
INTELLECTUAL PROPERTY is intangible property that is
INTENSITY DRIVERS are used to directly charge
INTERCOMPANY or INTERCORPORATE
INTERCOMPANY or INTERCORPORATE means occurring between companies.
INTEREST, in law, is a right or
INTEREST COVERAGE is a ratio which indicates
INTEREST DATES are the dates on which
INTEREST EARNINGS is amounts from interest on
INTEREST EXPENSE is the cost of borrowing
Interest Income - non-op.
INTEREST INCOME - NON-OPERATING is interest income generated
INTEREST INCOME - NON-OPERATING
INTEREST INCOME - NON-OPERATING is interest income
INTEREST ONLY (IO),in securities, is the interest only
INTEREST PAYABLE see PAYABLE.
INTEREST RATE is the rate of interest
INTEREST RATE RISK
INTEREST RATE RISK results from increases and decreases
INTEREST RATE SWAP
INTEREST RATE SWAP (IRS) is a contractual
INTEREST RATE SWAPTION
INTEREST RATE SWAPTION is an option on
INTEREST-BEARING means paying interest.
INTERESTED PARTY is any person that has
INTERFUND LOAN is an authorized (usually) short
INTERIM AUDIT is an audit conducted during
INTERIM DIVIDEND is the declaration and payment
INTERIM EARNINGS see INTERIM STATEMENT.
INTERIM STATEMENT is a financial report covering
INTERMEDIARY is the person or institution empowered
INTERMEDIATION COST, in finance, is the cost
INTERNAL is inside the country, e.g. a
INTERNAL AUDIT is an independent appraisal function
INTERNAL AUDITOR is an auditor who works
INTERNAL CONTROL SYSTEM
INTERNAL CONTROL SYSTEM is a formalized system
INTERNAL CONTROL WEAKNESS
INTERNAL CONTROL WEAKNESS is a defect in
INTERNAL CONTROLS include policies and procedures that
INTERNAL RATE OF RETURN
INTERNAL RATE OF RETURN (IRR) is the
INTERNAL REVENUE, if governmental, is money collected
INTERNALLY GENERATED refers to the creation of
INTERNATIONAL ACCOUNTING is the international aspects of
INTERNATIONAL ACCOUNTING STANDARDS
INTERNATIONAL ACCOUNTING STANDARDS (IAS) see INTERNATIONAL FINANCIAL
INTERNATIONAL ACCOUNTING STANDARDS BOARD
INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB), based in
INTERNATIONAL FINANCIAL REPORTING STANDARDS
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS), often known
INTERNATIONAL FUND is a (mutual) fund that
INTERPERIOD EQUITY is a government's obligation to
INTERPERIOD TAX ALLOCATION
INTERPERIOD TAX ALLOCATION is the process of
INTERSEGMENT REVENUE is revenue generated within a
INTI (INTIS) is a currency of Peru.
INTRACOMPANY means occurring within or taking place
INTRINSIC VALUE, generally, is the value of
INTRODUCTORY PARAGRAPH, in an auditor's report, is
INVENTORY for companies: includes raw materials, items
INVENTORY ACCUMULATION is a buildup of inventory
INVENTORY AND PURCHASES BUDGET
INVENTORY AND PURCHASES BUDGET represents what a
INVENTORY LOAN is a loan that is
INVENTORY OBSOLESCENCE is when inventory is no
INVENTORY PROFITS is a capital-gains-like element in
INVENTORY SHRINK, as used in retail, is
INVENTORY SHRINKAGE is a reduction in the
INVENTORY TAG is a tag attached to
INVENTORY TRANSFER can be a process by
INVENTORY TURNOVER is a ratio that shows
INVENTORY TURNS (Period Average)
INVENTORY TURNS (Period Average) measures the average
INVENTORY TURNS (Period End)
INVENTORY TURNS (Period End) measures the ending
INVENTORY VALUATION is the process of assigning
INVENTORY VARIANCE see VARIANCE.
INVERSE is the opposite or reverse. An
INVERSE FLOATING RATE
INVERSE FLOATING RATE is a security that
INVESTED CAPITAL is the sum of equity
INVESTED CAPITAL NET CASH FLOWS
INVESTED CAPITAL NET CASH FLOWS is those
INVESTEE is the legal entity into which
INVESTMENT is the purchase of real property,
INVESTMENT BANKER is an underwriter who serves
INVESTMENT CAPITAL is capital realized from issuance
INVESTMENT CENTER is the responsibility center within
INVESTMENT EXPENSE is any cost of investment
INVESTMENT GRADE, in securities, is a high credit
INVESTMENT HOLDING COMPANY
INVESTMENT HOLDING COMPANY, generally, is to hold
INVESTMENT MANAGER is an individual, firm, or
INVESTMENT OPPORTUNITY SET
INVESTMENT OPPORTUNITY SET is a graphical depiction
INVESTMENT RISK is the degree of uncertainty
INVESTMENT TAX CREDIT
INVESTMENT TAX CREDIT is a tax credit
INVESTMENT TRUST is a company that invests
INVESTMENT TURNOVER is a profitability measure used
INVESTMENT VALUE is the value to a
INVESTORS' COMPENSATION SCHEME
INVESTORS' COMPENSATION SCHEME is a statutory scheme
INVISIBLE INCOME is foreign income from sources
INVOICE is a detailed list of goods
INVOICE, COMMERCIAL is a legal document that
INVOICE, CONSULAR is an invoice stamped or
IOU is an informal debt instrument in
IPO (INITIAL PUBLIC OFFERING) is the first
IRC is Internal Revenue Code of 1986 (formerly 1954).
IRCA is International Register of Certified Auditors.
IRD, dependent upon usage, can mean Interest
IRR see INTERNAL RATE OF RETURN.
IRRELEVANT COST, in managerial accounting decision-making situations,
IRREVOCABLE LETTER OF CREDIT
IRREVOCABLE LETTER OF CREDIT is a letter
IRS is Internal Revenue Service; also see
ISB is the Independence Standards Board.
ISO is Incentive Stock Option.
ISSUE, in securities, is stock or bonds
ISSUER is an entity that borrows money through
ISV can mean: Independent Software Vendor, Independent
ITC is International Trade Commission, Investment Tax
ITEMIZED DEDUCTIONS is amounts paid by an
ITEMIZED STATEMENT is a record or transmittal
IVA TAX see IMPOSTA VALORE AGGIUNTO TAX.
accounting terms that start with
Purchase and download Glossary
Frequently Asked Questions
Terms and Conditions
Copyright © 2017 VentureLine
Website developed by Digital Solutions