General Accounting Abbreviations

General Accounting Abbreviations
Do you know the difference between CUR and CURR? Whether you’re a CPA or a first-time
investor, it’s important to know the basics of accounting terms. Get started with a list of general
abbreviations for accounting.

 ACCG/ACCT - Accounting
 ADT - Auditing
 BUS/BSN - Business
 CAP - Capital
 CF - Cash Flow
 CFO - Chief Financial Officer
 COO - Chief Operating Officer
 CPA - Certified Public Accountant
 CR - Credit
 CUR - Current
 CURR
 DR - Debit
 GAAS - General Accepted Accounting Standards
 GL - General Ledger
 K - $1000
 ROI - Return On Investment
 VC - Venture Capital

Income Statement Abbreviations
Reading an income statement correctly is vital for the health of a company. Misinterpreting your
profits and losses for a financial period could be disastrous. Make sure you know what you’re
making – and spending – with these examples of common accounting abbreviations found in an
income statement.

 C+MV - Cost Plus Market Value
 C/S - Cost Sharing
 COGS - Cost of Goods Sold
 COS - Cost of Sales/Services
 CPU - Cost Per Unit
 EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
 EX/EXP - Expense
 F&A - Facilities and Administrative Costs
 FD - Fund
 FE - Fixed Expenses
 GP - Gross Profit
 GM - Gross Margin
 LLC - Limited Liability Company
 NI - Net Income