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Accounting Glossary

Terms: 2162 · Filtered: 21 · View: list

This glossary defines accounting terminology used in bookkeeping, financial reporting, audit, tax, and internal control documentation.

Coverage includes core accounting concepts, chart-of-accounts language, financial statement items, audit and assurance terms, tax and payroll vocabulary, closing processes, controls, and common reporting metrics.

For accountants, auditors, bookkeepers, controllers, finance staff, students, and readers interpreting accounting reports and workpapers.

Term of the Day
Bond analysis
Accounting term: Bond analysis.
Category: General · Register:
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· Difficulty: intermediate
Term Definition
Net Present Value (NPV) The difference between the present value of cash inflows and the present value of cash outflows over a period of time.
Net margin Financial ratio/metric: Net margin.
Net realizable value (NRV) Accounting term: Net realizable value (NRV).
Non-GAAP measures Accounting term: Non-GAAP measures.
Non-controlling interest Accounting term: Non-controlling interest.
Non-controlling interest (NCI) The portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to a parent entity.
Non-current assets Accounting term: Non-current assets.
Non-current liabilities Accounting term: Non-current liabilities.
Not-for-profit organization Accounting term: Not-for-profit organization.
Note accounting Accounting term: Note accounting.
Note caption Accounting term: Note caption.
Note classification Accounting term: Note classification.
Note disclosure Accounting term: Note disclosure.
Note line item Accounting term: Note line item.
Note payable Accounting term: Note payable.
Note presentation Accounting term: Note presentation.
Note valuation Accounting term: Note valuation.
Notes payable Accounting term: Notes payable.
Notes receivable Accounting term: Notes receivable.
Notes to financial statements Accounting term: Notes to financial statements.
net profit ratio Financial ratio/metric: net profit ratio.
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Commonly Confused / Near-Variant Terms
Computed from current result set
Non-controlling interest VS Non-controlling interest
Categories: General / General
Note payable VS Notes payable
Categories: General / General