EDCAL.com On Accounting
Firms
Glossary
History
Procedures
Reference
Software
About EDCAL
Abnormal Return
Above The Line
Absolute Priority Rule
Accelerated Cost Recovery System
Accelerated Depreciation
Account
Accounting
Accounting Cycle
Accounting Equation
Accounting Model
Accounting System
Accounts Payable
Accounts Payable Ledger
Accounts Receivable
Accounts Receivable Ledger
Accounts Receivable Turnover
Accretive
Accrual Basis
Accrual Method Of Accounting
Accrual-Basis Accounting
Accruals
Accrued Expenses
Accrued Interest
Accrued Liabilities
Accumulated Depreciation
Accumulated Depreciation Account
Ach
Acid-Test Ratio (Or Quick Ratio)
Acquisition
Acrs
ACU
Additional Margin
Address Instruction
Adjusted Gross Income
Adjusting Entries
Adjustment On Conversion
Adjustments To Gross Income
ADR
Advanced Corporation Tax (ACT - UK Only - No Longer In Use)
Adverse Opinion
After-Hours Dealing
Aging Accounts Receivable
Allowance For Uncollectible Accounts
Allowance Method
Amortization
Annual Report
Annualize
Annuity
Appropriation Account
Arm's-Length Transactions
Arrears
Articulation
Asset Turnover Ratio
Assets
At Cost
Audit
Audit Committee
Audit Report
Audit Trail
Authorized Stock
Available-For-Sale Securities
Bad Debt
Bad Debts Account
Bad Debts Reserve Account
Balance Sheet
Balance Sheet (Statement Of Financial Position)
Balancing Charge
Bank Reconciliation
Bankrupt
Basket Purchase
Below The Line
Bill
Board Of Directors
Bond
Bond Carrying Value
Bond Discount
Bond Indenture
Bond Maturity Date
Bond Premium
Book Value
Book Value Per Share
Bought Ledger
Burn Rate
Business
Business Documents
Business Expenses
Cagr
Calendar Year
Callable Bonds
Called-Up Share Capital
Capital
Capital
Capital Account
Capital Account
Capital Allowances (UK Specific)
Capital Assets
Capital Employed (Ce)
Capital Expenditure
Capital Gain
Capital Gains Tax
Capital Lease
Capital Stock
Cash
Cash Accounting
Cash Basis
Cash Book
Cash Disbursements Journal
Cash Dividend
Cash Equivalents
Cash Flow
Cash Flow Forecast
Cash In Hand
Cash Inflows
Cash Outflows
Cash Over And Short
Cash Receipts Journal
Cash-Basis Accounting
Ceiling
Certified Public Accountant (CPA)
Charge Back
Chart Of Accounts
Chart Of Accounts
Charter (Articles Of Incorporation)
CIF (Cost, Insurance, Freight [C.I.F.])
Circulating Assets
Classified Balance Sheet
Closed Transaction
Closing Entries
Closing The Books
Code Of Professional Ethics
Common Stock
Companies House (UK Only)
Comparative Financial Statements
Compensating Error
Compound Interest
Compound Journal Entry
Compounding Period
Conduit Principle
Consignee
Consignment
Consignor
Consolidated Financial Statements
Contingent Liability
Contra Account
Contra Account
Contributed Capital
Control Account
Control Account
Control Activities
Control Environment
Convertible Bonds
Convertible Preferred Stock
Cook The Books
Corporation
Corporation Tax (CT - UK Only)
Cost Accounting
Cost Centre
Cost Method Of Accounting For Investments In Stocks
Cost Of Finished Goods
Cost Of Goods Sold
Cost Of Goods Sold (COGS)
Cost Of Sales
Cost Principle
Cost-Based Pricing
Cost-Benefit
Coupon Bonds
Creative Accounting
Credit
Credit
Credit Card Draft
Credit Note
Creditors
Creditors (Control Account)
Cumulative-Dividend Preference
Current (Or Working Capital) Ratio
Current Assets
Current Cost Accounting
Current Liabilities
Current-Dividend Preference
Customs And Excise
Date Of Record
Days Sales Outstanding (Dso)
Debenture
Debentures (Unsecured Bonds)
Debit
Debit
Debt Financing
Debt Securities
Debt-Equity Management Ratio
Debtors
Debtors (Control Account)
Declaration Date
Declining-Balance Depreciation Method
Deduction
Deferred Expenditure
Deferred Income Taxes
Depletion
Depreciation
Depreciation
Dilutive
Direct Method
Direct Write-Off Method
Disclaimer Of Opinion
Discount
Discount Period
Discount Rate
Discounting A Note Receivable
Diversified Companies
Dividend Payment Date
Dividend Payout Ratio
Dividends
Dividends
Dividends Account
Dividends In Arrears
Double-Entry Accounting
Double-Entry Book-Keeping
Drawings
Drawings
Drawings Account
Earnings Per Share (EPS)
Ebit
Ebita
Ebitda
EDP (Electronic Data Processing)
Effective (Yield Or Market) Rate Of Interest
Effective Tax Rate
Effective-Interest Amortization
Electronic Data Processing (EDP)
Encumbrance
Entity
Entry
Equity
Equity Financing
Equity Method Or Accounting For Investments In Stocks
Equity Securities
Error Of Commission
Error Of Ommission
Error Of Original Entry
Error Of Principle
Exchange Gain Or Loss
Exchange Rate
Exclusions
Expenses
Expenses
External Auditors
External Audits
Extraordinary Items
Factor
Fair Market Value
Fasb (Financial Accounting Standards Board)
Fcpa (Foreign Corrupt Practices Act)
FICA (Social Security) Taxes
Fifo
FIFO (First-In, First-Out)
Financial Accounting
Financial Accounting Standards Board (Fasb)
Financial Statements
Financing Activities
Fiscal Year
Fiscal Year
Fixed Assets
Fixtures & Fittings
Flash Earnings
Floor
Flow Of Funds
Fob
FOB (Free-On-Board) Destination
FOB (Free-On-Board) Shipping Point
Foreign Corrupt Practices Act (Fcpa)
Franchise
Freight Collect
Freight-In
Functional Currency
GAAP (Generally Accepted Accounting Principles)
GAAS (Generally Accepted Auditing Standards)
Generally Accepted Accounting Principles (GAAP)
Generally Accepted Auditing Standards (GAAS)
General-Purpose Financial Statements
Going Concern
Goodwill
Goodwill
Gross Income
Gross Loss
Gross Margin
Gross Margin Method
Gross Profit
Gross Sales
Gross Tax Liability
Growth And Acquisition (G&A)
Held-To-Maturity Securities
Historical Cost
Historical Cost
Historical Exchange Rate
Horizontal Analysis Of Financial Statements
Impersonal Accounts
Imprest Petty Cash Fund
Imprest System
Income
Income Statement (Statement Of Earnings)
Income Taxes Payable
Independent Checks
Indirect Method
Inflation
Inland Revenue
Insolvent
Intangible Assets
Intangible Assets
Integration Account
Intercompany Transaction
Interest
Interest Rate
Internal Auditors
Internal Control Structure
Inventory
Inventory
Inventory Cutoff
Inventory Turnover Ratio
Investing Activities
Invoice
Issued Stock
Itemized Deduction
JIT (Just-In-Time) Inventory
Journal
Journal Entries
Journal Entry
Journal Proper
Journal(S)
Junk Bonds
Just-In-Time (JIT) Inventory
Landed Costs
Lapping
LCM (Lower Cost Or Market)
Lease
Ledger
Ledger
Legal Capital
Lessee
Lessor
Liabilities
Liabilities
License
Lifo
LIFO (Last-In, First-Out)
Limited Liability
Liquidation
Liquidity
Long Term Liabilities
Long-Term Investment
Long-Term Liabilities
Loss
Loss Per Share
Losses
Lower Cost Or Market (LCM)
MACRS (Modified Accelerated Cost Recovery System)
Maker
Management Accounting
Management Accounting
Manufacturing Account
Market Adjustment-Trading Securities Account
Matching Principle
Matching Principle
Maturity Date
Maturity Value
Maturity Value
Md&A
Memo Billing (Aka Memo Invoicing)
Memorandum Accounts
Merger
Minority Interest
Minority Interest
Modified Accelerated Cost Recovery System (MACRS)
Monetary Measurement
Mortgage Amortization Schedule
Mortgage Payable
Moving Average
Moving Average
Multiple-Step Income Statement (Aka Multi-Step)
Mutual Agency
Narrative
Natural Resources
Net Assets (Owners' Equity)
Net Income (Or Net Loss)
Net Loss
Net Of Tax
Net Proceeds
Net Profit
Net Realizable Value
Net Realizable Value Of Accounts Receivable
Net Sales
Net Tax Liability
Net Worth
Nominal Accounts
Nominal Accounts
Nominal Ledger
Noncash Items
Noncash Transactions
Nonoperating Assets
Nonprofit Organization
No-Par Stock
Normalize
Note Payable
Note Receivable
Notes To Financial Statements
NSF (Not Sufficient Funds) Check
Number Of Days' Of Inventory On Hand
Number Of Days' Sales In Receivables
Number Of Days' Sales Invested In Working Capital
Open Transaction
Opening The Books
Operating Activities
Operating Assets
Operating Lease
Operating Leverage
Operating Performance Ratio
Ordinary Share
Organizational Structure
Original Book Of Entry
Other Revenues And Expenses
Outstanding Stock
Overheads
Owners' Equity (Net Assets)
P.A.Y.E (UK Only)
P/E (Price Earnings) Ratio
Paid-Up Share Capital
Parent Company
Pareto Optimum
Partnership
Partnership Agreement
Par-Value Stock
Patent
Pay On Delivery
Payee
PE Ratio
Pension Plan
Periodic Inventory
Periodic Inventory Method
Perpetual Inventory
Perpetual Inventory Method
Personal Accounts
Petty Cash
Petty Cash Fund
Petty Cash Slip
Physical Safeguards
Point Of Sale (POS)
Post Closing Trial Balance
Post-Closing Trial Balance
Posting
Posting
Preemptive Right
Preference Shares
Preferred Stock
Premium On Stock
Prepaid Expenses
Pre-Payments
Present Value Of $1
Present Value Of An Annuity
Price Change Accounting
Price-Earnings (P/E) Ratio
Primary Financial Statements
Prime Book Of Entry
Principal (Face Value Or Maturity Value)
Principal On A Note
Prior-Period Adjustments
Pro Rata
Profit
Profit And Loss Account
Profit Margin
Profitability
Pro-Forma Accounts (Pro-Forma Financial Statements)
Pro-Forma Invoice
Proper Authorization
Property Dividend
Property, Plant, And Equipment
Property, Plant, And Equipment Turnover
Proprietorship
Provisions
Public Companies
Purchase Discount
Purchase Invoice
Purchase Ledger
Purchase Method
Purchase Returns And Allowances
Purchases Account
Purchases Journal
Qualified Opinion
Raw Materials
Real Accounts
Real Accounts
Realisation Principle
Realized Gains And Losses
Rebate
Receipt
Receivables
Reconciling
Recourse
Recovery Period
Red Herring
Redemption Value
Refund
Registered Bonds
Relative Fair Market Value Method
Reserve Accounts
Residual Income
Retail
Retail Inventory Method
Retained Earnings
Retained Earnings
Retainer
Retention Ratio
Return On Investment (ROI)
Return On Sales Revenue
Return On Stockholders' Equity
Return On Total Assets
Revenue
Revenue Recognition Principle
Revenues
ROI (Return On Investment)
Run Rate
S Corporation
Sales
Sales Discount
Sales Invoice
Sales Journal
Sales Ledger
Sales Returns And Allowances
Sales Tax Payable
Salvage, Or Residual, Value
SEC (Securities And Exchange Commission)
Secured Bonds
Securities And Exchange Commission (SEC)
Segregation Of Duties
Self Assessment (UK Only)
Self-Balancing Ledgers
Self-Employed
Service
Share Premium
Shareholders
Shareholders (Stockholders)
Shares
Significant Influences
Simple Interest
Single-Step Income Statement
Sinking Fund
Sme
Social Security (FICA) Taxes
Sole Trader
Sole-Proprietor
Solvency
Source Document
Special Journal
Special Order
Specific Identification
Standard Unqualified Audit Report
Stated Rate Of Interest
Stated Value
Statement Of Cash Flows
Statement Of Earnings (Income Statement)
Statement Of Partners' Capital
Statement Of Retained Earnings
Statement Of Stockholders' Equity
Stock
Stock Certificate
Stock Control Account
Stock Dividend
Stock Split
Stock Taking
Stock Valuation
Stockholders
Stockholders (Shareholders)
Straight-Line Amortization
Straight-Line Depreciation
Straight-Line Depreciation Method
Subordinated Debt
Subsidiary Company
Subsidiary Ledger
Subsidiary Ledgers
Sum-Of-The-Years'-Digits (SYD) Depreciation Method
Supplies
Suspense Account
SYD (Sum-Of-The-Years'-Digits) Depreciation Method
T Account
Tangible Assets
Tangible Personal Business Property
Term Bonds
Three Column Cash Book
Time Period (Or Periodicity) Concept
Times Interest Earned Ratio
Total Cost Of Ownership (TCO)
Trading Account
Trading Securities
Transaction
Transactions
Transportation Costs
Treasury Stock
Trial Balance
Trial Balance
Turnover
Uncollectible Accounts Expense
Undeposited Funds Account
Unearned Revenues
Units-Or-Production Depreciation Method
Unlimited Liability
Unrealized Gains And Losses
Unrecorded Expenses
Unrecorded Revenues
Useful Life
Value Added Tax (VAT - Applies To Many Countries)
Vat
Vertical Analysis Of Financial Statements
Wages
Weighted-Average
Work In Progress
Work Sheet
Working Capital
Working Capital Turnover
Write-Off
Zero Based Account (Zba)
Zero Based Budget (Zbb)
Home
»
Glossary
» This page has
no comment
Share Premium
The extra paid above the face value of a share. Example