Title |
Teaser |
|---|---|
| AAA |
abbreviation American Accounting Association The American Accounting... |
| AAPA |
abbreviation Association of Authorised Public Accountants |
| AARF |
abbreviation Australian Accounting Research Foundation The Australian... |
| AAT |
abbreviation Association of Accounting Technicians The Association of... |
| ABACUS |
a counting device consisting of parallel rods strung with beads, still widely used for... |
| ABANDONMENT |
an act of giving up voluntarily something that you own, such as an option or the right to a... |
| ABATEMENT |
complete or partial cancellation of a levy imposed by a governmental unit. Abatements usually... |
| ABB |
abbreviation activity-based budgeting the allocation of resources to... |
| ABC |
abbreviation activity-based costing costing system that identifies the various... |
| ABC Method |
inventory management method that categorizes items in terms of importance. Thus, more emphasis... |
| ABM |
abbreviation activity-based management a system of management that uses... |
| Abnormal gain |
any reduction in the volume of process loss below that set by the normal loss allowance.... |
| Abnormal loss |
any losses which exceed the normal loss allowance. Abnormal losses are generally costed as... |
| Abnormal return |
Part of return that is not due to marketwide price movements. |
| Abnormal spoilage |
spoilage that is recognized as a loss when discovered. NORMAL SPOILAGE is inherent in the... |
| Above par | referring to a share with a market price higher than its face value |
| Above-the-line | used to describe entries in a company’s profit and loss accounts that appear above the line which... |
| Abridged accounts | financial statements produced by a company that fall outside the requirements stipulated in the... |
| absolute advantage |
The ability of a country to produce a specific good with fewer resources (per unit of output)... |
| Absolute priority |
Rule in bankruptcy proceedings whereby senior creditors are required to be paid in full before... |
| Absorb |
1. to assimilate, transfer, or incorporate amounts in an account or a group of accounts in a... |
| Absorbed overhead |
an overhead attached to products or services by means of overhead absorption rates |
| Absorption | the process of making a smaller business part of a larger one, so that the smaller company in... |
| Absorption costing |
method in which all manufacturing costs, variable and fixed, are treated as PRODUCT COSTS,... |
| Absorption rate | a rate at which overhead costs are absorbed into each unit of production |
| Abstract | a short form of a report or document to make an abstract of the company accounts |
| Abusive tax shelter |
limited partnership the IRS believes is claiming illegal tax deductions. This type of shelter... |
| ACADEMY OF ACCOUNTING HISTORIANS |
voluntary organization dedicated to the study of accounting history. This organization... |
| ACAUS |
abbreviation Association of Chartered Accountants in the United States Founded... |
| ACCA |
abbreviation Association of Chartered Certified Accountants |
| Accelerated cost recovery system |
system of depreciation for tax purposes mandated by the Economic Recovery Act (ERA) of 1981... |
| Accelerated depreciation |
method recognizing higher amounts of depreciation in the earlier years and lower amounts in... |
| Acceleration | the speeding up of debt repayment |
| Acceleration clause |
provision contained in a BOND INDENTURE requiring that in an event of default any remaining... |
| ACCEPTABLE QUALITY LEVEL |
a quality standard that allows a prespecified number of defects. |
| Acceptance |
1. drawee's promise to pay either a TIME DRAFT or SIGHT DRAFT. Typically, the acceptor... |
