Accounting glossary

Accelerated Depreciation Account Account Receivable Accountable AI Accountant's Report Accounting Change Accounts Payable Accrual Basis Accumulated Depreciation Additional Paid in Capital Adverse Opinion Affiliated Company Agentic Accounting Agents AI Accountant AI Algorithm AI Assistant AI Integration Analyst Analytical Procedure Annual Report Annuity Approval Flow Artificial Intelligence (AI) Audit Audit Engagement Audit Trail Autonomous Accounting Autonomous Finance Autonomous Invoice Processing Autonomous PO Matching Autonomous Reconciliation

Balance Balance Sheet Bankruptcy Bond

Capital Capital Gain Capital Stock Capitalized Cost Capitalized Interest Cash Flows Casualty Loss Certified Financial Planner (CFP) Certified Fraud Examiner (CFE) Certified Internal Auditor (CIA) Certified Management Accountant (CMA) Combined Financial Statement Command Interface Common Stock Comparative Financial Statement Compensatory Balance Compilation Compliance Automation Conservatism Consistency Consolidated Financial Statements Consolidation Continuous Close Contra Account Control Risk Controller Corporation Cost Accounting Credit Agreement Credit Balance Creditor Current Asset Current Liability Current Value

Data Extraction Days Payable Outstanding (DPO) Days Sales Outstanding (DSO) Debit Debit Balance Default Deficit Depletion Depreciation Derivatives Directors Disbursement Disclosure Discount Distributions Double-Entry Bookkeeping Due Diligence Duplicate Payments

Early Payment Discounts Earned Income End-to-End Processing Enterprise Resource Planning System (ERP System) Equity ERP Integration Escrow Estate Tax Ethics Exclusions Exemption Expenditure External Reporting

Fair Market Value Fiduciary Financial Accounting Standards Board (FASB) Financial Statements Fiscal Year Fixed Asset Forecast Foreclosure Forensic Accounting Franchise Fraud Detection Fund Accounting

GAAP General Ledger Generative AI Goodwill Guaranty

Income Income Statement Income Tax Basis Insolvent Installment Interest Internal Control Internal Revenue Service (IRS) Inventory Investment Invoice Coding Invoice Ingestion Invoice Processing Invoice Processing Automation

Joint Venture Junk Bonds

Large Language Model (LLM) Letter of Credit Liability Limited Liability Company (LLC) Limited Liability Partnership (LLP) Liquidation Litigation Support/Dispute Resolution Loss

Machine Learning Management Accounting Matching Principle MBA Merger Month-End Close Mortgage Multi-Entity Accounting

Natural Language Processing (NLP) Negligence Net Assets Net Income Net Sales Net Worth No-Touch Processing Non-profit organization/tax-exempt organization

Optical Character Recognition (OCR) Option

Partnership Perpetual Inventory PO Matching Predictive Analytics Premium Present Value Pro Forma Pro Rata Projection Promissory Note Prospective Financial Information Prospectus Proxy Public Company Accounting Oversight Board

Refinancing Agreement Research and Development (R&D) Return on Investment (ROI) Revenues Risk Management Robotic Process Automation (RPA)

Safe Harbor Rule Sarbanes Oxley Act SEC Filings Security Short Sale Special Report Spread Start-up Costs Statement of Cash Flows Stock Option Straight-Through Processing (STP)

Tangible Asset Tax Taxation The Accounting Principles Board Trust Two-Way Matching

Valuation Variance Vendor Management Venture Capital Volunteer Income Tax Assistance

Warrant Warrant Program Workflow