Auditing Terms
Acronyms - D
- D/A - depletion allowance
- DB - declining-balance depreciation method
- DB - defined benefit plan
- DBA - Doing Business As
- DC - direct costing
- DCA - distribution cost accounting
- DCF - discounted cash flow(s)
- DCFM - discounted cash flow(s) method
- DDB - double-declining-balance depreciation method
- DEPS - diluted earnings per share
- DIT - double income tax
- DITC - double income tax credit
- DL - direct labor
- DLH - direct labor hour
- DM - debit memorandum
- DNI - distributable net income
- DPI - Disposable Personal Income
- DPO - days payable outstanding
- DR (Dr) - debit
- DRD - dividend received deduction
- DRD - dividends received deduction
- DSCR - Debt Service Coverage Ratio
- DSO - days sales outstanding
- DUS - Dollar Unit Sampling
D
Acronyms - E
- E&OE -Errors and Omissions Excepted
- E&P - earnings and profit
- EAM - embedded audit module
- EAT - earnings after tax
- 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
- EBT - Earnings Before Taxes
- EC - electronic commerce (Ecommerce)
- ECI - Employment Cost Index
- EDGAR - Electronic Data Gathering, Analysis and Retrieval
- EDP - electronic data processing
- EDPA - electronic data processing accounting
- EFT - Electronic Funds Transfer
- EFTS - Electronic Fund Transfer System
- EI - earned income
- EI - employment insurance
- EOQ - Economic Order Quantity
- EPR - Earnings-Price Ratio
- EPS - Earnings per Share
- ESOP - Employee Stock Ownership Plan
- ESPP - Employee Stock Purchase Plan
- ETAV - estimated total audit value
- EV - earned value
- EV - enterprise value
- EV - expected value
- EVA - earned value analysis
E
Acronyms - F
- FA - fixed asset
- FA - floating asset
- FASAB - Federal Accounting Standards Advisory Board
- FASAC - Financial Accounting Standards Advisory Council
- FASB - Financial Accounting Standards Board
- FBAR - Foreign Bank and Financial Accounts Report
- FC - fixed capital
- FC - fixed cost
- FCF - free cash flow
- FD - full disclosure
- FDI - Foreign Direct Investment
- FDIC - Federal Deposit Insurance Corporation
- FDWP - foreign dividend withholding payment
- FET - Federal Excise Tax
- F&F - furniture and fixtures
- FF&E - furniture, fixtures and equipment
- FFO - Funds from Operations
- FICA - Federal Insurance Contributions Act (Social Security tax)
- FICO - Financing Corporation
- FICO - Fair Isaac and Company scoring
- FIFO - first in, first out
- FILO - first in, last out
- FIN - Federal Identification Number (TIN - taxpayer identification number)
- FINRA - Financial Industry Regulatory Authority
- FIPS - Fixed Income Pricing System
- FISH - first in, still here
- FIT - Federal Income Tax
- FITW - Federal Income Tax Withholding
- FMCG - fast moving consumer goods
- FMV - Fair Market Value
- FOB - Free on Board
- FOF - firm-on-firm review
- FOF - flow of funds
- FOVAR - fixed overhead absorption rate
- FPM - Fixed-Payment Mortgage
- FRB - Federal Reserve Bank
- FRB - Federal Reserve Board
- FRRs -Financial Reporting Releases
- FRS - Financial Reporting Standard
- FRSSE - Financial Reporting Standard for Smaller Entities
- FS - financial statement
- FSC - Foreign Sales Corporation
- FTI - federal tax included
- FUTA - Federal Unemployment Tax Act
- FY - fiscal year