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Acronyms

Common Accounting and Related Full Forms – A, B, C

AAAAmerican Accounting Association
AIAAssociation of International Accountants
ACCAAssociation Of Chartered Certified Accountants
AMEXAmerican Stock Exchange ( Also Used to Refer American Express)
ACCTAccount
ATMAutomated Teller Machine
ACHAccount Clearing House
ACMAAssociate Cost and Management Accountant
ADRAmerican Depository Receipt
AGMAnnual General Meeting
AICPAAmerican Institute of Certified Public Accountants
AIMSAccount Information Management System
AIGAmerican International Group
AMAAmerican Management Association
AQBAverage Quarterly Balance
APAccounts Payable
APAAmerican Payroll Association
APCAAustralian Payments Clearing Association
APOAutomatic Payment Order
APRAnnual Percentage Rate
ASSOCHAMAssociated Chambers of Commerce and Industry of India
B/FBrought Forward
BSEBombay Stock Exchange
BACS  Bankers’ Automated Clearing Services
BARSBudgeting Accounting And Reporting Systems
BBABachelor of Business Administration
B/DBrought Down
BEPBreak Even Point
BVBook Value
BBABudget Balance Available
CAChartered Accountant
CPACertified Public Accountant
CIACertified Internal Auditor
CFOChief Financial Officer 
CFPCertified Financial Planner
CASACurrent Accounts and Saving Accounts
 CBA Cost-Benefit Analysis
COGSCost of Goods Sold
CIFCost, Insurance & Freight
CAPEXCapital Expenditure

 


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Common Accounting and Related Full Forms – D, E, F, G, H, I

Dr.Debit
DDDemand Draft
DAODefense Accounting Office
DSODays Sales Outstanding
DPODays Payable Outstanding
DCFDiscounted Cash Flow
EYErnst & Young
EPSEarnings Per Share
EODEnd of Day
EOMEnd of Month
EMIEquated Monthly Installment
EBITEarnings Before Interest and Taxes
EBIDTEarnings Before Interest, Depreciation, and Taxes
EBITDAEarnings Before Depreciation, Interest, Taxes, and Amortization
ESOPEmployee Stock Ownership Plan
F&AFinance and Accounting
FAFixed Assets
FYFiscal Year
FTCFederal Trade Commission
FRSFinancial Reporting Standard
FYAFor Your Action
FYIFor Your Information
FASBFinancial Accounting Standards Board
FACTSFast Automatic Cash Transfer System
FASBFinancial Accounting Standards Board
FIFOFirst In First Out
FMCGFast Moving Consumer Goods
FINRAFinancial Industry Regulatory Authority
FP&AFinancial Planning & Analysis
GLGeneral Ledger
GPGross Profit
GITGoods In Transit
GDPGross Domestic Product
GSTGoods and Services Tax
GICGeneral Insurance Corporation of India
GAARGeneral Anti Avoidance Rule
GAAPGenerally Accepted Accounting Principles
HNIHigh Net Worth Individual
IASInternational Accounting Standards
ISOInternational Standards Organization

 


Common Accounting and Related Full Forms – I, J, K, L, M, N, O, P

IPOInitial Public Offering
IRSInternal Revenue Service
ITRIncome Tax Returns
IIAInstitute of Internal Auditors
ILOInternational Labor Organization
IMFInternational Monetary Fund
IASBInternational Accounting Standards Board
IFRSInternational Financial Reporting Standards
ICAIInstitute of Chartered Accountants of India
JEJournal Entry
JVJoint Venture
JRNJournal
JITJust In Time
KUsed For Thousand (,000)
KPMGKlynveld Peat Marwick Goerdeler
LELegal Entity
LTVLoan To Value
LOCLine of Credit
LLCLimited Liability Company
LIFOLast In First Out
LBOLeverage Buyout
 LTCLeave Travel Concession
MBAMasters In Business Administration
MoMMonth Over Month
MRPMaximum Retail Price
MTDMonth-To-Date
NSENational Stock Exchange (India)
NPVNet Present Value
NPATNet Profit After Tax
NYSENew York Stock Exchange
OHOverheads
OTCOrder To Cash
OCROptical Character Recognition
OPEXOperational Expenditure
PFProvident Fund
PVPresent Value
P&LProfit and Loss Account
P/EPrice To Earnings Ratio
PATProfit After Tax
PBTProfit Before Tax

 


Common Accounting and Related Full Forms – P, Q, R, S, T, U, V, W

PANPermanent Account Number
PDPost Dated
PDPer Diem
PDCPost Dated Check
PIFPaid/Payment In Full
P2P/PTPPurchase To Pay
PSGLPeople Soft General Ledger
PARSProperty Accountability Record System
QoQQuarter On Quarter
QTRQuarter
R&DResearch & Development
RCARoot Cause Analysis
RFPRequest For Proposal
RBIReserve Bank Of India
RBSRoyal Bank of Scotland
ROIReturn On Investment
RORRate of Return
ROEReturn On Equity
ROCEReturn on Capital Employed
SAPSystems, Applications and Products in Data Processing (Eng)
SASStatistical Analysis System
SOPStandard Operating Procedure
SECSecurities & Exchange Commission
SMESmall and Medium Enterprises
SMASeparately Managed Account/Assets
SOXSarbanes-Oxley Act
SWOBSalaries, Wages, Overhead and Benefits
SWOTStrengths Weaknesses Opportunities Threats
SWIFTSociety for Worldwide Interbank Financial Telecommunication
TBTrial Balance
T&ETravel & Expense or Travel & Entertainment Expenses
TDSTax Deduction at Source
TANTax Account deduction Number
TINTax Identification Number
TXNTransaction
VCVariable Cost
VCVideo Call
VATValue Added Tax
VPFVoluntary Provident Fund
WCWorking Capital

 


Common Accounting and Related Full Forms – W, X, Y, Z

W/TWire Transfer
WIPWork In Progress
WoWWeek over Week
WPIWholesale Price Index
WACCWeighted Average Cost of Capital
YoYYear On Year
YTDYear To Date
ZBZero Balance