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Accounting Glossary

Terms: 2162 · Filtered: 112 · View: grid

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
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Treasury analyst
General ·
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· advanced
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Accounting/finance role: Treasury analyst.
Related
Treasury associate Treasury coordinator Treasury lead Treasury manager Treasury specialist
Treasury associate
General ·
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· advanced
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Accounting/finance role: Treasury associate.
Related
Treasury analyst Treasury coordinator Treasury lead Treasury manager Treasury specialist
Treasury coordinator
General ·
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· advanced
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Accounting/finance role: Treasury coordinator.
Related
Treasury analyst Treasury associate Treasury lead Treasury manager Treasury specialist
Treasury lead
General ·
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· intermediate
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Accounting/finance role: Treasury lead.
Related
Treasury analyst Treasury associate Treasury coordinator Treasury manager Treasury specialist
Treasury manager
General ·
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· advanced
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Accounting/finance role: Treasury manager.
Related
Treasury analyst Treasury associate Treasury coordinator Treasury lead Treasury specialist
Treasury specialist
General ·
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· advanced
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Accounting/finance role: Treasury specialist.
Related
Treasury analyst Treasury associate Treasury coordinator Treasury lead Treasury manager
Treasury stock
General ·
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· intermediate
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Accounting term: Treasury stock.
Related
Treasury analyst Treasury associate Treasury coordinator Treasury lead Treasury manager
Treasury stock
General ·
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· intermediate
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Acronym: N/A (sometimes TS)
Shares of a company's own stock that it has reacquired from the open market.
Related
Treasury analyst Treasury associate Treasury coordinator Treasury lead Treasury manager
Trial balance
General ·
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· intermediate
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Accounting term: Trial balance.
Related
Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance Tax Authority interpretation
Trial balance
General ·
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· intermediate
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Acronym: TB
A list of all the general ledger accounts with their debit or credit balances at a specific point in time, used to verify that total debits equal total credits.
Related
Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance Tax Authority interpretation
Trial balance
General ·
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· intermediate
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Acronym: TB
A list of all general ledger accounts and their balances at a specific point in time, verifying total debits equal total credits.
Related
Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance Tax Authority interpretation
True-up
General ·
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· basic
T
Practitioner slang or shorthand used in accounting: True-up.
Related
Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance Tax Authority interpretation
tax cleanup
General ·
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· intermediate
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Practitioner slang or shorthand used in accounting: tax cleanup.
Related
Tax calculation Tax concept Tax control Tax coordinator Tax credit
tax fire drill
General ·
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· intermediate
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Practitioner slang or shorthand used in accounting: tax fire drill.
Related
Tax framework Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance
tax shuffle
General ·
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· intermediate
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Practitioner slang or shorthand used in accounting: tax shuffle.
Related
Tax schedule Tax specialist Tax Authority bulletin Tax Authority circular Tax Authority framework
times interest earned
General ·
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· advanced
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Financial ratio/metric: times interest earned.
Related
Tax Authority bulletin Tax Authority circular Tax Authority framework Tax Authority guidance Tax Authority interpretation
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Commonly Confused / Near-Variant Terms
Computed from current result set
Transfer pricing VS Transfer pricing
Categories: General / General
Treasury stock VS Treasury stock
Categories: General / General
Trial balance VS Trial balance
Categories: General / General
Trial balance VS Trial balance
Categories: General / General
Trial balance VS Trial balance
Categories: General / General
Tax analysis VS Tax analyst
Categories: General / General