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Accounting Glossary

Terms: 2162 · Filtered: 112 · 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
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Term Definition
Treasury analyst Accounting/finance role: Treasury analyst.
Treasury associate Accounting/finance role: Treasury associate.
Treasury coordinator Accounting/finance role: Treasury coordinator.
Treasury lead Accounting/finance role: Treasury lead.
Treasury manager Accounting/finance role: Treasury manager.
Treasury specialist Accounting/finance role: Treasury specialist.
Treasury stock Accounting term: Treasury stock.
Treasury stock (N/A (sometimes TS)) Shares of a company's own stock that it has reacquired from the open market.
Trial balance Accounting term: Trial balance.
Trial balance (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.
Trial balance (TB) A list of all general ledger accounts and their balances at a specific point in time, verifying total debits equal total credits.
True-up Practitioner slang or shorthand used in accounting: True-up.
tax cleanup Practitioner slang or shorthand used in accounting: tax cleanup.
tax fire drill Practitioner slang or shorthand used in accounting: tax fire drill.
tax shuffle Practitioner slang or shorthand used in accounting: tax shuffle.
times interest earned Financial ratio/metric: times interest earned.
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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