Alphabet Soup

AAA - American Accounting Association

ACRS - Accelerated Cost Recovery System

AcSEC - Accounting Standards Executive Committee of the AICPA

AICPA - American Institute of Certified Public Accountants

APB - Accounting Principles Board

ASR - Accounting Series Release

CFO - Cash From Operations

CIA - Certified Internal Auditor

CPA - Certified Public Accountant

DCF - Discounted Cash Flow

DDB - Double Declining Balance depreciation

DISC - Domestic International Sales Corporation

EBITDA - Earnings Before Interest, taxes, Depreciation and Amortization

EITF - Emerging Issues Task Force

EOQ - Economic Order Quantity

EPS - Earnings Per Share

ERISA - Employee Retirement Income Security Act (1974) pensions

ESOP - Employee Stock Ownership Plan

FAF - Financial Accounting Foundation

FASB - Financial Accounting Standards Board

FEI - Financial Executives Institute

FICA - Federal Insurance Contributions Act (social security)

FIFO - First In, First Out inventory

GAAP - Generally Accepted Accounting Principles

GAAS - Generally Accepted Auditing Standards

GASB - Governmental Accounting Standards Board

IASC - International Accounting Standards Committee

ICMA - Institute of Certified Management Accountants

IRR - Internal Rate of Return

IRS - Internal Revenue Service

LIFO - Last In, First Out inventory

MACRS - Modified Accelerated Cost Recovery System

NIFO - Next in, First Out inventory

ROA - Return On Assets

ROI - Return On Investment

SEC - Securities and Exchange Commission

SYD - Sum-of-the-Years' Digits depreciation