Auditing Terms
Acronyms - J
- JA - joint account
- JDB - journal daybook
- JE - journal entry
- JEEP - Joint Ethics Enforcement Program
- JICPA - Japanese Institute of Certified Public Accountants
- JIT - Just-In-Time inventory system
- JTWROS - joint tenancy with right of survivorship
- JV - joint venture
Acronyms - K
- K-1 - Schedule K-1
- KB - knowledge base
- KDD - knowledge discovery in database
- KGI - key goal indicator
- KPI - key performance indicator
- KRI - key risk indicator
- KYC - Know Your Customer Rule
Acronyms - L
- LA - liquid asset
- LBO - Leveraged Buyout
- L/C - Letter of Credit
- LC - life cycle
- LCC - life cycle cost
- LCM - lower of cost or market
- LDC - less developed country
- LEI - Leading Economic Indicators
- LESOP - Leveraged Employee Stock Ownership Plan
- LGAP - Lady Godiva accounting principles
- L/I - Letter of Intent
- LIFO - Last In, First Out
- LISH - last-in, still here
- LLC - Limited Liability Company
- LOC - Letter of Credit
- LP - Limited Partnership
- LRA - lagged reserve accounting
- LRIC - long run incremental cost
- LRMC - long run marginal cost
- LTC - loan-to-cost
- Ltd - Limited company (British corporation)
- LTD - long-term debt