A-IFRS
Absorption Costing
Account
Accounting
Accounting Cycle
Accounting Equation
Accounts Payable
Accounts Receivable
Accruals or Accrued Expenses
Accrual Accounting
Accumulated Earnings
Acid test ratio
Activity Based Costing
Aged Debtors/Receivables Report
Amortisation
Annualise
Appropriations
Arrears
Assets
Associate or Associated Company
At Cost
Audit
Audit Trail
Australian Tax Office (ATO)
Bad Debts
Bad and Doubtful Debts Provision
Balance Sheet
Baseline Budgeting
Bankrupt
Below the Line
Bill
Borrowings
Bought Ledger
Break Even Analysis
Budget
Burn Rate
CAGR
Called-Up Share Capital or Equity
Capex
Capital
Capital Account
Capital Assets
Capital Employed (CE)
Capital Gains Tax
Cash Accounting
Cash Book
Cash Flow Forecast (Budget)
Cash Flow Statement
Cash in Hand
Charge Back
Chart of Accounts
Closing the ‘Books’
Compensating Error
Compound Interest
Contra Account
Contributed Equity
Contribution
Control Account
Cook the ‘Books’
Cost Accounting
Cost-Based Pricing
Cost Benefit Analysis
Cost Centre
Cost Drivers
Cost Object
Cost of Finished Goods
Cost of Goods Sold (COGS)
Cost of Sales
Creative Accounting
Credit
Credit Note
Creditors
Current Assets
Current Cost Accounting
Current Liabilities
Current Ratio
Days Sales Outstanding (DSO)
Debenture
Debit
Debt and Debt Financing
Debtors
Debtors (control account)
Deferred Expenditure
Deferred Revenue aka. Income in Advance
Depreciation
Derivatives
Direct Costs
Discussion and Analysis
Dividends
Double-Entry Bookkeeping
DPS
Drawings
Earnings
EBIT
EBITA
EBITDA
Encumbrance
Entry
EPS
EPS Growth (EPSg) (%)
Equity
Expenses
FIFO
Finished Goods
Fiscal Year
Fixed Assets – now reported as Non Current Assets
Fixed Cost
Fixtures & Fittings
Flash Earnings
Forecast
Franked Dividend
Free Cash Flow
Gearing (also known as Leverage)
General Ledger
Going Concern
Goods and Services Tax (GST – applies to many countries)
Goodwill
Gross Loss
Gross Margin
Gross Profit
Growth and Acquisition (G & A)
Historical Cost
Historical Budgeting
Impairment
Income
Income Statement
Incremental Budgeting
Indirect Costs
Insolvent
Intangible Assets
Interest Bearing Liabilities
Interest Income or Expenses
Inventory
Invoice
Journal
Journal Entries
JV
No entries.
Landed Costs
Ledger
Leverage
Liabilities
LIFO
Long Term Liabilities
Loss
LSL
Management Accounting
Manufacturing Account
Margin
Marginal Costing
Mark-Up
Market Capitalisation (or Market Cap)
Matching Principle
Maturity Value
Minority Interest
Net Income
Net Loss
Net of Tax
Net Profit
Net Worth
Nominal Accounts
Nominal Ledger
Non-Controlling Interests
NOPAT
NTA
Opening the Books
Operating Costs or Expenses
Operating Result
Opex
Ordinary Share
Overheads
Paid-Up Share Capital
PAYG (Australia only)
PE or P/E ratio
Pensions
Perpetual Inventory
Personal Accounts
Petty Cash
Petty Cash Slip
Point of Sale (POS)
Posting
Preference Shares
Prepayments or Prepaid Expenses
Price Change Accounting
Profit
Profit and Loss Account
Profit Margin
Pro-Forma Accounts (Pro-Forma Financial Statements)
Pro-Forma Invoice
Provisions
Purchase Invoice
Purchase Ledger
Quick Ratio
Raw Materials
Realisation Principle
Rebate
Receipt
Reconciling
Reducing Balance Method of Depreciation
Refund
Reserves
Retail
Retained Profits or Earnings
Retainer
Retention Ratio
Return
Revaluation Reserve
Revenue
Revenue Drivers
Run Rate
S, G & A
Sales
Sales Invoice
Sales Ledger
Self Assessment (Australia only)
Self-Balancing Ledgers
Self-Employed
Selling, General & Administrative expense (S, G & A)
Service
Shareholders
Share Premium
Shares
Simple Interest
Sinking Fund
SME
Sole Trader
Sole-Proprietor
Source Document
Statement of Cash Flows
Statement of Financial Position
Stock
Stockholders
Stock Taking
Stock Valuation
Straight-Line Depreciation
Subordinated Debt
Superannuation/Pension
Suspense Account
T Account
Tangible Assets
Total Absorption Costing
Trading Account
Transaction
Treasury Stock
Trial Balance
Turnover
Undeposited Funds Account
Variance
Variable Cost
Wages
Warranty
Work in Progress
Working Capital
Write-Off
No entries
Yield
Zero Based Account (ZBA)
Zero Based Budget (ZBB)
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