AAA: American Accounting Association
AAER: Accounting and Auditing Enforcement Release of the SEC
ACCA: Association of Chartered Certified Accountants
ACFE: Association of Certified Fraud Examiners
AcSEC: Accounting Standards Executive Committee
ADC: Acquisition, development, and construction
AGA: Association of Government Accountants
AIA: American Institute of Accountants
AICPA: American Institute of Certified Public Accountants
AIMR: Association for Investment Management and Research
AMA: American Management Association
AMEX: American Stock Exchange
APB: Accounting Principles Board
APBO: Accounting Principles Board Opinion
AR: Accounting and review section of AICPA Professional Standards service
ARB: Accounting Research Bulletin
ARSC: Accounting and Review Services Committee
ASB: Auditing Standards Board
ASR: Accounting Series Release of the SEC
ASU: Accounting Standards Update (to the FASB Codification)
AT: Attestation section of AICPA Professional Standards service
AU: Auditing section of AICPA Professional Standards service
AudSEC: Auditing Standards Executive Committee
BCBS: Basel Committee on Banking Supervision
BIS: Bank for International Settlements
BL: Bylaws section of AICPA Professional Standards service
BRT: Business Round Table
CA: Chartered accountant
CAG: Consultative Advisory Groups of IFAC
CAP: Compliance Advisory Panel of IFAC
CAQ: Center for Audit Quality
CEO: Chief executive officer
CFE: Certified fraud examiner
CFO: Chief financial officer
CGFM: AGA Certified Government Financial Manager
CGFS: Committee on the Global Financial System
CICA: Canadian Institute of Chartered Accountants
CMA: Certified Management Accountant of IMA
CON: Statement of Financial Accounting Concepts of the FASB
COSO: Committee of Sponsoring Organizations of the Treadway Commission
CPA: Certified Public Accountant
CPE: Continuing Professional Education
CPSS: Committee on Payment and Settlement Systems
CRT: Credit risk transfer
DIG: Derivatives Implementation Group of the FASB
EC: European Commission
ECB: European Central Bank
EDGAR: SEC system of Electronic Data Gathering, Analysis and Retrieval
EDP: Electronic data processing
EITF: Emerging Issues Task Force of the FASB
EPS: Earnings per share
ESOP: Employee stock ownership plan
ET: Ethics section of AICPA Professional Standards service
ETF: Exchange-traded fund
EURORAI: European Organisation of Regional External Public Finance Audit Institutions
FAF: Financial Accounting Foundation
FASAC: Financial Accounting Standards Advisory Council
FASB: Financial Accounting Standards Board
FATF: Financial Action Task Force on Money Laundering
FDI Act: Federal Deposit Insurance Act
FDIC: Federal Deposit Insurance Corporation
FDICIA: Federal Deposit Insurance Corporation Improvement Act of 1991
FEI: Financial Executives International
FIN: FASB Interpretation of an SFAS
FINRA: Financial Industry Regulatory Authority
FinREC: Financial Reporting Executive Committee of AICPA
FRR: Financial Reporting Release of the SEC
FSB: Financial Stability Board
FTB: FASB Technical Bulletin
GAAP: Generally accepted accounting principles
GAAS: Generally accepted auditing standards
GAO: US Government Accountability Office
GASB: Governmental Accounting Standards Board
HLI: Highly-leveraged institution
HLT: Highly-leveraged transaction
IAASB: International Auditing and Assurance Standards Board
IADI: International Association of Deposit Insurers
IAG: Investor Advisory Group of the PCAOB
IAIS: International Association of Insurance Supervisors
IAPS: International Auditing Practice Statements
IAS: International Accounting Standard
IASB: International Accounting Standards Board
IESBA: International Ethics Standards Board of Accountants
IFAC: International Federation of Accountants
IFIAR: International Forum of Independent Audit Regulators
IFRIC; IFRS IC: IFRS Interpretations Committee
IFRS: International Financial Reporting Standards
IFRS for SMEs: IFRS for small and medium-sized entities
IIA: Institute of Internal Auditors
IMA: Institute of Management Accountants
IMF: International Monetary Fund
INTOSAI: International Organization of SAIs
IOSCO: International Organization of Securities Commissions
IPTF: International Practices Task Force of CAQ
ISA: International Standard on Auditing
ISAE: International Standard on Assurance Engagements
ISQS: International Standard on Quality Control
ISRE: International Standard on Review Engagements
ISRS: International Standard on Related Services
ISSAI: International Standard of SAIs
ITAC: Investors Technical Advisory Committee of the FASB
ITC: Investment tax credit
ITF: Investors Task Force of the FASB
MAS: Management advisory services
MD&A: Management’s discussion and analysis
NAA: National Association of Accountants
NAC: Not-for-Profit Advisory Committee of the FASB
NAIC: National Association of Insurance Commissioners
NASACT: National Association of State Auditors, Comptrollers and Treasurers
NASBA: National Association of State Boards of Accountancy
NASD: National Association of Securities Dealers
NYSE: New York Stock Exchange
NYSSCPA: New York State Society of CPAs
OCA: Office of the Chief Accountant of the SEC
OCBOA: Other (than GAAP) Comprehensive Basis of Accounting
OCC: US Office of Comptroller of the Currency
OECD: Organization for Economic Cooperation and Development
OTC: Over-the-counter
PCAOB: Public Company Accounting Oversight Board
PCC: Private Company Council
PCFRC: Private Company Financial Reporting Committee of the FASB
PCPS: Private Company Practice Section of the AICPA
PIOB: Public Interest Oversight Board of IFAC
PITF: Professional Issues Task Force of the SECPS
POB: Public Oversight Board
PPEC: Professional Practice Executive Committee of CAQ
QC: Quality Control section of AICPA Professional Standards service
QCIC: Quality Control Inquiry Committee
QR: Quality Review Program Manual
QREC: Quality Review Executive Committee
RAP: Regulatory accounting principles
RICO: Racketeer Influenced and Corrupt Organizations Act
S&L: Savings and loan
SAB: Staff Accounting Bulletin of the SEC
SAG: Standing Advisory Group of the PCAOB
SAI: Supreme Audit Institution
SAS: Statement on Auditing Standards
SBAC: Small Business Advisory Committee of the FASB
SEC: Securities and Exchange Commission
SECPS: SEC Practice Section of the AICPA
SFAS: Statement of Financial Accounting Standards of the FASB
SFTF: Smaller Firm Task Force of CAQ
SMEs: Small and medium sized entities
SOP: Statement of Position (issued by AcSEC and ASB)
SOX: Sarbanes-Oxley Act of 2002 (also SarbOx and S-Ox)
SQCS: Statement on Quality Control Standards
SRO: Self-regulatory organization
SSAE: Statement on Standards for Attestation Engagements
SSARS: Statement on Standards for Accounting and Review Services
VRG: Valuation Resource Group of the FASB
WB: World Bank
XBRL: eXtensible Business Reporting Language
