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Auditing Acronyms

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E

E&OE - Errors and Omissions Excepted (printing/publication notice to limit potential liability)

E&P - earnings and profit

EA - enterprise architecture (design (description/documentation of the design) of the components of a business system, the relationships between them, and how they support the objectives of the enterprise)

EAC - estimates at completion

EAI - enterprise application integration

EAM - embedded audit module (specially written audit software embedded/incorporated in an organization's host application system to allow for continuous monitoring of application systems)

EAP - Extensible Authentication Protocol (framework, or collection of authentication methods available when establishing network connections)

EAT - earnings after tax

EBCDIC - Extended Binary Coded (for) Decimal Interchange Code (text formatting code - numeric representation of characters)

EBCDIC - Extended Binary Coded Decimal Information Code (text formatting code - numeric representation of characters)

EBIAT - Earnings Before Interest After Taxes

EBILAT - Earnings Before Interest Less Adjusted Taxes

EBIT - Earnings Before Interest and Taxes

EBITD - Earnings Before Interest, Taxes and Depreciation

EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization

EBITDAR - Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent

EBRD - European Bank for Reconstruction and Development

EBT - Earnings Before Taxes

EC - electronic commerce (Ecommerce) (buying and selling of goods online)

EC - European Community

ECB - European Central Bank

ECC - elliptical (elliptic) curve cryptography (data encryption method)

ECGI - European Corporate Governance Institute (standards setting body)

ECI - Employment Cost Index (Department of Labor report tracking employer payroll/employment numbers)

ECM - European Common Market

ECN - Electronic Communications Network (electronic system used by stock exchanges for trading and reporting)

ECOA - Equal Credit Opportunity Act

ECU - European Currency Unit

EDFA - enterprise data flow architecture (design (description/documentation of the design) showing how data flows/interacts with, the various components/layers of an organizational system)

EDGAR - Electronic Data Gathering, Analysis and Retrieval (SEC online electronic data system database for filing, analysis, reporting)

EDI - electronic data interchange (transfer of information, documents electronically using web-based technologies)

EDP - electronic data processing (computerized processing of data/transactions)

EDPA - electronic data processing accounting

EEC - European Economic Community

EEOC - Equal Employment Opportunity Commission

EER - equal error rate (point where the false-rejection rate and the false-acceptance rate are equal)

EFT - Electronic Funds Transfer (transfer of funds between accounts by electronic means - transfers other than checks)

EFTS - Electronic Fund Transfer System (system for electronically transferring funds among sellers, buyers, and other parties with the need to write checks)

EGTRRA - Economic Growth and Tax Relief Reconciliation Act of 2001

EI - earned income

EI - employment insurance

EIGRP - Enhanced Interior Gateway Routing Protocol (Cisco router protocol allowing for faster updates and better communications across multiple networks)

EITF - Emerging Issues Task Force (group formed by the Financial Accounting Standards Board to look at new accounting/auditing issues)

EJB - Enterprise Java Beans (Oracle development tool for disigning component-based (stand-alone) software packages)

EMI - electromagnetic interference

EMRT - emergency response time

EMS - European Monetary System

EOQ - Economic Order Quantity (amount of orders necessary to minimize costs related to the ordering and carrying of inventory)

EPR - Earnings-Price Ratio (relationship of earnings per share to current stock price)

EPS - Earnings per Share (company earnings/profits on a per share basis - profit divided by the number of shares)

ERD - entity relationship diagram

ERISA - Employee Retirement Income Security Act of 1974

ERM - enterprise risk management (system used by an enterprise to identify, analyze, and control risk)

ERP - enterprise resource planning (system of organizing/analyzing organizational data to efficiently use resources - computerized systems development for managing resources)

ERTA - Economic Recovery Tax Act of 1981

ESOP - Employee Stock Ownership Plan

ESP - Encapsulation Security Payload (encryption of payload portion of data packet)

ESPP - Employee Stock Purchase Plan

ETAV - estimated total audit value (audit sampling/population measure calculation)

ETF - Exchange Traded Fund (mutual fund shares traded like stocks on the exchanges)

ETF - Electronic Transfer Funds (equity funds of diverse stocks sold to investors - costing less than mutual fund shares)

ETF - Equity Transfer Fund (diverse basket of stocks sold to investors for trading)

EU - European Union

EV - earned value (percentage of project completed out of total project budget)

EV - enterprise value (measure of what the market believes a company is worth)

EV - expected value (expected result of a decision when the outcome is uncertain)

EVA - earned value analysis (analysis of planned cost of work allocated to comleted activities)

Eximbank - Export-Import Bank