click below
click below
Normal Size Small Size show me how
Acct Abbrevia
Parson - Accounting Abbreviations
| Question | Answer |
|---|---|
| IRS | Internal Revenue Service |
| AICPA | American Institute of Certified Public Accountants |
| IMA | Institute of Management Accountants |
| IIA | Institute of Internal Auditors |
| CPA | Certified Public Accountants |
| GAAP | Generally Accepted Accounting Principles |
| FASB | Financial Accounting Standards Board |
| SEC | Securities & Exchange Commission |
| CFO | Chief Financial Officer |
| COA | Chart of Accounts |
| AP | Accounts Payable |
| AR | Accounts Receivable |
| ABA Number | American Bankers Association Number |
| MICR | Magnetic Ink Character Recognition |
| FDIC | Federal Deposit Insurance Corporation |
| NSF | Non-sufficient funds |
| EFT | Electronic Funds Transfer |
| EFTS | Electronic Funds Transfer System |
| EFTPS | Electronic Federal Tax Payment System |
| OE | Owner's Equity |
| FOB | Free on Board |
| FICA | Federal Insurance Contributions Act |
| FUTA | Federal Unemployment Tax Act |
| SUTA | State Unemployment Tax Act |
| SBA | Small Business Administration |
| CEO | Chief Executive Officer |