ACCOUNTING

accounting

bookkeeping

accounting information system AIS

controller Chief Accounting Officier

financial accounting system

managerial (or management) accounting system

certified public accountant CPA

audit

generally accepted accounting principle GAAP

management advisory services

private accountant

certified management accountant CMA

asset

liability

owners' equity

double-entry accounting system

financial statement

balance sheet

current asset

liquidity

account receivable AR

merchandise inventory

prepaid expense

fixed asset

intangible asset

goodwill

current liability

account payable AP

long-term liability

paid-in capital

retained earnings

income statement (or profit-and-loss statement)

revenue

cost of goods sold

gross profit (gross margin)

operating expenses

operating income

net income (or net profit or net earning)

statement of cash flows

budget

solvency ratio

profitability ratio

activity ratio

liquidity ratio

current ratio

working capital

debt ratio

debt-to-owners' equity ratio ( or debt-to-equity ratio)

debt

leverage

return on equity

earnings per share

inventory turnover ratio

foreign currency exchange rate

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