Glossary of Common Accounting Terms

T.C. Registered, Tutor Posts: 1,448

I am looking (urgently) for a printable and relatively short list of commonly used accounting terms - ideally one or two pages. Anyway have one or know where there is one online????? Thanks.


  • guinea pig
    guinea pig Registered Posts: 402
    Google, google, google!
    When preparing for interviews some years ago, I printed off loads of these from various sites, including;, Plain English Campaign,and an organisations glossary.
    A list of ratios and formulas is very helpful to have e.g ATR~Acid test ratio etc
    Here is a small list to get you started;
    AADB Accountancy & Actuarial Discipline Board
    AAT Association of Accounting Technicians
    ACCA Association of Chartered Certified Accountants
    APB Auditing Practices Board
    ASB Accounting Standards Board
    CCAB Consultative Committee of Accountancy Bodies
    CIMA Chartered Institute of Management Accountants
    CIPFA Chartered Institute of Public Finance & Accountancy
    CPD Continuing Professional Development
    DPA Data Protection Act
    FRC Financial Reporting Council
    FRRP Financial Reporting Review Panel
    FRS Financial Reporting Standards
    FSA Financial Services Authority
    FSMA Financial Services & Markets Act 2000
    IAS International Accounting Standards
    ICAEW Institute of Chartered Accountants in England & Wales
    ICO Information Commissioners Office
    IFAC International Federation of Accountants
    MLR Money Laundering Regulations
    MLRO Money Laundering Reporting Officer
    POB Professional Oversight Board
    SOCA Serious Organised Crime Agency
    SSAP Standard Statements of Accounting Practice
  • T.C.
    T.C. Registered, Tutor Posts: 1,448
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