Audit&Account

Furkan Ü.
I hope this list is going to help my audit&account collegues when they need to learn the english terms of audit&accounting science while they are mailing or making translation.
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Full list of words from this list:

words only definitions & notes
  1. trial balance
    a balance of debits and credits in double-entry bookkeeping
  2. prepare
    make ready or suitable or equip in advance
  3. point
    a distinguishing or individuating characteristic
  4. suggestion
    an idea that is proposed
  5. pay
    give money, usually in exchange for goods or services
  6. invoice
    an itemized statement of money owed for goods or services
  7. allowable
    that may be permitted especially as according to rule
  8. expense
    a financial burden; money that must be paid out
  9. expense
    a financial burden; money that must be paid out
  10. expenditure
    the act of spending money for goods or services
  11. audit
    examine carefully for accuracy
  12. account
    a record or narrative description of past events
  13. tax
    a charge that a citizen pays to support government programs
  14. calculation
    determination by mathematical or logical methods
  15. draft
    a current of air
  16. issue
    some situation or event that is thought about
  17. asset
    a useful or valuable quality
  18. due
    that which is deserved or owed
  19. process
    a particular course of action intended to achieve a result
  20. proceed
    move ahead; travel onward in time or space
  21. finance
    the commercial activity of providing funds and capital
  22. financial
    involving fiscal matters
  23. arrive
    reach a destination
  24. arrival
    the act of coming to a certain place
  25. arrival
    the act of coming to a certain place
  26. allowance account
    a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets
  27. consideration
    the process of giving careful thought to something
  28. stated
    declared as fact; explicitly stated
  29. payroll
    a list of employees and their salaries
  30. pertain
    be relevant to
  31. salary
    fixed payment for services
  32. gross
    lacking fine distinctions or detail
  33. gross margin
    the ratio gross profits divided by net sales
  34. gross profit
    the net sales minus the cost of goods and services sold
  35. VAT
    a tax levied on the difference between a commodity's price before taxes and its cost of production
  36. capital
    a large alphabetic character used in writing or printing
  37. injection
    the forceful insertion of a substance under pressure
  38. net
    an open fabric of string or rope or wire woven together
  39. herewith
    (formal) by means of this
  40. general ledger
    the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
  41. outstanding
    of major significance or importance
  42. balance
    harmonious arrangement or relation of parts within a whole
  43. balance sheet
    a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
  44. law
    the collection of rules imposed by authority
  45. term
    a limited period of time during which something lasts
  46. CPA
    an accountant who has passed certain examinations and met all other statutory and licensing requirements of a United States state to be certified by that state
  47. urgent
    compelling immediate action
  48. conclude
    bring to a close
  49. implemented
    forced or compelled or put in force
  50. trade
    the commercial exchange of goods and services
  51. correspond
    take the place of or be parallel or equivalent to
  52. share
    assets belonging to an individual person or group
  53. fee
    a fixed charge for a privilege or for professional services
  54. feedback
    the process in which output of a system is returned to input
  55. certification
    documentary proof that something is true
  56. affect
    have an influence upon
  57. quarter
    one of four equal parts
  58. detail
    a small part considered separately from the whole
  59. regard
    the condition of being honored or respected
  60. period
    an amount of time
  61. highlight
    an area of brightness in a picture
  62. clarify
    make clear by removing impurities or solids, as by heating
  63. confirm
    strengthen
  64. request
    express the need or desire for; ask for
  65. requested
    asked for
  66. charged
    of a particle or body or system
  67. company
    an institution created to conduct business
  68. cost
    be priced at
  69. Social Security
    social welfare program in the U.S.
  70. premium
    having or reflecting superior quality or value
  71. declaration
    a statement that is emphatic and explicit
  72. statement
    the act of affirming or asserting something
  73. purpose
    what something is used for
  74. current account
    that part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
  75. instruction
    activities that impart knowledge or skill
  76. transfer
    move from one place to another
  77. regard
    the condition of being honored or respected
  78. repayment
    payment of a debt or obligation
  79. rate
    a quantity considered as a proportion of another quantity
  80. loan
    the temporary provision of money (usually at interest)
  81. receivable
    awaiting payment
  82. liability
    the state of being legally obliged and responsible
  83. debtor
    a person who owes a creditor
  84. creditor
    a person to whom money is owed by a debtor
  85. debit
    an accounting entry acknowledging sums that are owing
  86. credit
    an estimate of ability to fulfill financial commitments
  87. review
    look at again; examine again
  88. section
    one of several parts or pieces that fit with others
  89. implement
    a piece of equipment or a tool used for a specific purpose
  90. extend
    stretch out over a distance, space, time, or scope
  91. progress
    the act of moving forward, as toward a goal
  92. amend
    make revisions to
  93. amendment
    a statement that is added to a proposal or document
  94. template
    a model or standard for making comparisons
  95. comply
    act in accordance with someone's rules, commands, or wishes
  96. sale
    the general activity of selling
  97. purchase
    acquire by means of a financial transaction
  98. hesitate
    pause or hold back in uncertainty or unwillingness
  99. comprise
    be made of
  100. incurring
    acquiring or coming into something (usually undesirable)
  101. incur
    make oneself subject to
  102. borrow
    get temporarily
  103. forecast
    a prediction about how something will develop
  104. income statement
    a financial statement that gives operating results for a specific period
  105. transaction
    conducting business within or between groups
  106. properly
    in the right manner
  107. consideration
    the process of giving careful thought to something
  108. therefore
    as a result; from that fact or reason
  109. staff
    a strong rod or stick with a specialized utilitarian purpose
  110. corporate
    of or belonging to a business firm
  111. portion
    something determined in relation to a thing that includes it
  112. registration
    the act of registering for something
  113. Social Security
    social welfare program in the U.S.
  114. hire
    engage or hire for work
  115. terminate
    bring to an end or halt
  116. exact
    marked by strict and complete accordance with fact
  117. limited company
    a company that is organized to give its owners limited liability
  118. comparison
    the act of examining resemblances
  119. loan
    the temporary provision of money (usually at interest)
  120. booked
    reserved in advance
  121. clarify
    make clear by removing impurities or solids, as by heating
  122. response
    the speech act of continuing a conversational exchange
  123. client
    someone who pays for goods or services
  124. colleague
    an associate that one works with
  125. buildup
    the act of accumulating
  126. query
    an instance of questioning
  127. establish
    set up or found
  128. establishment
    the act of forming something
  129. bookkeeping
    the activity of recording business transactions
  130. investment
    laying out money or capital in an enterprise
  131. exemption
    an act freeing someone from obligations
  132. subsidiary
    functioning in a supporting capacity
  133. participate
    be involved in
  134. applicable
    having relevance
  135. mention
    make reference to
  136. breakdown
    the act of disrupting an established order so it fails to continue
  137. intermediary
    a negotiator who acts as a link between parties
  138. acknowledgement
    the state or quality of recognizing something or someone
  139. arrange
    put into a proper or systematic order
  140. trial balance
    a balance of debits and credits in double-entry bookkeeping
  141. intend
    have in mind as a purpose
  142. stamp duty
    a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)
  143. stamp tax
    a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)
  144. favor
    an act of gracious kindness
  145. lease
    a contract granting use or occupation of property
  146. liquidation
    termination of a business operation by using its assets to discharge its liabilities
  147. afterwards
    happening at a time subsequent to a reference time
  148. prompt
    according to schedule or without delay
  149. response
    the speech act of continuing a conversational exchange
  150. notarize
    authenticate by someone empowered to witness signatures
  151. fix
    restore by replacing a part or putting together what is torn or broken
  152. fiscal
    involving financial matters
  153. debit entry
    an accounting entry acknowledging sums that are owing
  154. credit entry
    an accounting entry acknowledging income or capital items
  155. accounting system
    a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  156. double entry
    bookkeeper debits the transaction to one account and credits it to another
  157. double-entry bookkeeping
    bookkeeper debits the transaction to one account and credits it to another
  158. income statement
    a financial statement that gives operating results for a specific period
  159. debit side
    account of payments owed
  160. aging
    the organic process of growing older
  161. economic
    of or relating to production and management of wealth
  162. supply
    circulate or distribute or equip with
  163. demand
    request urgently and forcefully
  164. institution
    a custom that has been an important feature of some group
  165. varied
    characterized by diversity
  166. foundation
    the basis on which something is grounded
  167. contribute
    give, provide, or supply something
  168. projection
    the act of expelling or ejecting
  169. accomplish
    achieve with effort
  170. accordance
    concurrence or agreement of opinion
  171. accountability
    responsibility to someone or for some activity
  172. accounting principle
    a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
  173. accrual
    a gain or increase in something over time
  174. ad hoc
    for or concerned with one specific purpose
  175. write off
    reduce the estimated value of something
  176. adequacy
    the quality of being able to meet a need satisfactorily
  177. analysis
    abstract separation of something into its various parts
  178. analyze
    break down into components or essential features
  179. appropriate
    suitable for a particular person, place, or situation
  180. billing
    request for payment of a debt
  181. cash
    money in the form of bills or coins
  182. check
    examine to determine accuracy or quality
  183. commitment
    the act of binding yourself to a course of action
  184. competency
    the quality of being adequately or well qualified
  185. completion
    a concluding action
  186. confidentiality
    discretion in keeping secret information
  187. consistently
    in a systematic or steady manner
  188. contractual
    relating to or part of a binding legal agreement
  189. corporate
    of or belonging to a business firm
  190. date stamp
    stamp with a date
  191. disbursement
    the act of spending or distributing money
  192. discrepancy
    a difference between conflicting facts or claims or opinions
  193. distribute
    give to several people
  194. double-check
    check once more to be absolutely sure
  195. effective
    producing or capable of producing an intended result
  196. employee
    a worker who is hired to perform a job
  197. ensure
    make certain of
  198. external
    happening or arising outside some limits or surface
  199. facilitate
    make easier
  200. fast-paced
    of communication that proceeds rapidly
  201. follow-up
    a piece of work that exploits or builds on earlier work
  202. general ledger
    the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
  203. initiate
    set in motion, start an event or prepare the way for
  204. inquiry
    an instance of questioning
  205. interpretation
    the act of expressing something in an artistic performance
  206. IRS
    the bureau of the Treasury Department responsible for tax collections
  207. transmit
    send from one person or place to another
  208. master file
    (computer science) a computer file that is used as the authority in a given job and that is relatively permanent
  209. maximize
    make as big or large as possible
  210. on request
    on the occasion of a request
  211. orient
    the eastern hemisphere
  212. oversight
    an unintentional omission from failure to notice something
  213. prioritize
    assign a status in order of importance or urgency
  214. purchase
    acquire by means of a financial transaction
  215. pursuit
    the act of following in an effort to overtake or capture
  216. receipt
    the act of receiving
  217. reconcile
    come to terms
  218. regulation
    the act of bringing to uniformity
  219. reimbursement
    compensation paid for damages or money already spent
  220. resolving
    analysis into clear-cut components
  221. review
    look at again; examine again
  222. specification
    the act of naming explicitly
  223. stop payment
    a depositor's order to a bank to refuse payment on a check
  224. transaction
    conducting business within or between groups
  225. troubleshoot
    solve problems
  226. utilize
    put into service
  227. validation
    finding or testing the truth of something
  228. validity
    the quality of being legitimate and rigorous
  229. vendor
    someone who exchanges goods or services for money
  230. void
    an empty area or space
  231. voucher
    someone who guarantees another
  232. wire
    ligament made of metal and used to fasten things or make cages or fences etc
  233. ligament
    a band of fibrous tissue connecting bones or cartilages
  234. word processing
    rapid and efficient processing (storage and printing) of linguistic data for composition and editing
  235. wpm
    the rate at which words are produced
Created on Fri Dec 30 03:39:08 EST 2011 (updated Fri Dec 30 04:31:53 EST 2011)

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