Auditing Terms
Acronyms - M
- M&A - Mergers and Acquisitions
- MACD - Moving Average Convergence/Divergence
- MACRS - Modified Accelerated Cost Recovery System
- MAP - manufacturing accounting and production
- MAS - Management Advisory Services
- MBO - Management Buyout
- MBO - Management By Objective
- MBS - Mortgage-Backed Security
- MC - marginal cost
- MEC - Marginal Efficiency of Capital
- MER - management expense ratio
- MFL - maximum foreseeable loss
- MIRR - Modified Internal Rate of Return
- MIS - Management Information System
- ML - marginal loss
- MLP - Master Limited Partnership
- MLP - minimum lease payment
- MLR - Minimum Lending Rate
- MNC - Multinational Corporation
- MNE - Multinational Enterprise
- MO - money order
- MOA - Memorandum of Audit
- MOAJ - manufacturing overhead applied journal
- MPU - mean-per-unit estimation
- MPV - materials price variance
- MR - marginal revenue
- MRJ - materials returned journal
- MRP - Material Requirements Planning/Processing
- MRQ - most recent quarter
- M/S - margin of safety
- MTN - medium-term note
- MUA - money unit accounting
- MUNI - Municipal Security
- MUS - monetary unit sampling
- MUV - material usage variance
Acronyms - N
- NAA - National Association of Accountants
- NALGA - National Association of Local Government Auditors
- NAO - National Audit Office
- NAS - nonaudit services
- NASBA - National Association of State Boards of Accountancy
- NAV - Net Asset Value
- NCGA - National Council of Governmental Accounting
- NDA - nondisclosure agreement
- NDP - net domestic products
- NFCF - net free cash flow
- NG - net gain
- NGO - nongovernmental organization
- NI - national income
- NI - net income
- NIAT - net income after taxes
- NIBIT - net income before interest and taxes
- NIC - net interest cost
- NIFO - Next-In, First-Out
- NIPA - National Income and Product Account
- NL - net loss
- NNO - non-government, nonbusiness organization
- NNP - Net National Product
- NOI - Net Operating Income
- NOL - Net Operating Loss
- NOPAT - net operating profit after tax
- NOPLAT - net operating profit less adjusted tax
- N/P - Notes Payable
- NPV - Net Present Value
- NPV - No Par Value stock
- NQA - net quick asset
- NRV - net realizable value
- NSF - Not Sufficient Funds check
- NSO - non-qualifying stock option
- NTA - net tangible assets
- NW - net worth
Acronyms - O
- OA - old account
- OAA - other adjustment account
- OB - opening balance (beginning balance)
- OBS - off-balance-sheet
- OCAR - opportunity cost of revenue
- OCBOA - Other Comprehensive Basis of Accounting
- OE - operating expense
- OE - owner's equity
- OH - overhead
- OI - operating income
- OID - original issue discount
- OL - operating loss
- OLAP - online analytical processing
- OMB - Office of Management and Budget
- ONPO - other nonprofit organization
- OP - operating profit (operating income
- OPEB - other post-retirement employee benefit
- OTE - ordinary time earnings