G
G&A cost - general and administrative cost
GA - general account
GA - gross asset
GAAP - Generally Accepted Accounting Principles (conventions, rules, and procedures that define accepted accounting practice)
GAAS - Generally Accepted Auditing Standards (rules and guidance for the conduct of external audits)
GAGAS - Generally Accepted Government Auditing Standards (rules and guidance for the conduct of audits of governmental organizations/units)
GAIN - Global Auditing Information Network (information service/source for internal auditors)
Gantt Chart - chart used for project planning and scheduling
GAO - General Accounting Office (legislative branch agency established in 1921 to assist with congressional oversight of government agencies as well as providing an independent audit function - renamed/replaced by the Government Accountability Office in 2004)
GAO - Government Accountability Office (independent agency that monitors and investigates federal agencies and government operations - formerly the General Accounting Office until its name was changed in 2004)
GAPP - Generally Accepted Privacy Principles (set of principles considered essential to privacy - developed by the American Institute of Certified Public Accountants (AICPA) and the Canadian Institute of Chartered Accountants (CICA) - consists of one overall privacy objective supported by 10 principles)
GAS - Generalized Audit Software (multipurpose audit software that can be used for general purposes - record selection, calculation, and reporting)
GAS - Government Auditing Standards (standards/guidelines for government audits)
GASB - Governmental Accounting Standards Board (organization that formulates accounting standards for governmental units)
GASP - Generalized Audit Software Package
GATT - General Agreement on Tariffs and Trade (agreement officially launched in October 1947, which aimed at eliminating trade barriers between nations - agreement served as the name for the international treaty organization headquartered in Geneva, Switzerland - in 1995, the Uraguay Round of GATT, replaced GATT with the World Trade Organization (WTO) to administer trade agreements.)
GDP - Gross Domestic Product (market value of goods and services produced in a country)
GDR - Global Depositary Receipt (receipt for shares in a foreign-based corporation traded in capital markets around the world)
GDS - general depreciation system (most commonly used system for calculating depreciation)
GE - gross earnings (taxable income before any deductions and adjustments)
GEIT - Governance of Enterprise Information Technology (framework for managing information systems as part of an overall organizational management strategy)
GFOA - Government Finance Officers Association
GIS - geographic information system
GJ - general journal
GJE - general journal entry
GL - general ledger (formal ledger containing all the financial statement accounts of a business)
GL - grand livre (French term for general ledger) (formal ledger containing all the financial statement accounts of a business)
GLBA - Gramm-Leach-Bliley Act (Financial Services Modernization Act of 1999)
GM - general manager
GNI - gross national income (income of all sectors of an economy)
GNP - gross national product (market value of all goods and services produced)
GNPIDP - gross national product implicit price deflator
GP - gross profit (net sales minus cost of goods sold and manufactured)
GPFS - general purpose financial statements
GPLA - general price level adjustment (adjustment/translation of costs/financial statements to reflect changes in purchasing power caused by inflation)
GPM - gross profit margin (gross profit from sales)
GPP - general purchasing power (relative measure of the impact of inflation on costs - increase/decrease in the quantity of goods purchased at a particular price)
GR - gross receipts (total receipts from sales, lease, or rentals)
GR - gross revenue (total receipts before deduction of expenses)
GSA - General Services Administration
GSCC - Government Securities Clearing Corporation (organization providing clearing and settlement of US government securities)