Accounting Abbreviations And Acronyms List

Accounting is the process of recording business-related financial transactions. The accounting process includes summarizing, analyzing, and reporting these activities to regulatory agencies, regulators, and tax collection organizations. The financial statements used in accounting are a summary of financial transactions during the accounting period, which summarizes the company’s performance, financial position, and cash flow.

Reports generated by various accounting channels, such as accounting and accounting management, are very helpful in helping managers make informed business decisions.

List of Accounting Abbreviation and Acronyms

A/PAdministrative/Professional
A/RAccounts Receivable
A.P.S.Animal And Plant Sales
ABACCRAbsences Accrual – (As In Compensated Absences Accrual)
ABATEAbatement
ABSAbsences – As In Compensated Absences
AGR.Agriculture/Agreement
AIDAgency For International Development
ALL./ALLOWAllowance
AMAmerican
AMSAgricultural Marketing Service
ANAnimal
AUXAuxiliary
AVAudio Visual
BC or B/CBudgetary Control
BCDFBudgetary Control Document File
BCHMBiochemistry
BEN/BENFBenefit(s)
BILLBilliards
BLDGBuilding
CONTR.Contractual/Contributed/Construction
CONVOConvocations
COPACost Of Program Allowance
CRCCash Receipts Clearing
CSRSCo-Operative State Research Service
CSCentral Stores
CTLControl
CTRCenter
CULT.Cultural
DISCDiscount
DISPDisposable
DISTRDistribution
DODDepartment Of Defense
DOEDepartment Of Energy
DOIDepartment Of Interior
DOSDean Of Students
DOTDepartment Of Transportation
ENG/ENGREngineer/Engineering
ENSEnsemble
ENT/ENTEREnterprises
ENTEREnterprises
ENVIR.Environmental
EPAEnvironmental Protection Agency
EQ/EQP/EQUIPEquipment
EQTEquipment
EREmployer
EXCHExchange
EXHExhibit
EXP/EXExpense
FSIFood Stores Issues
FTBALLFootball
FUNCTFunctions
GOVTGovernment
GRADGraduate
GSFGeneral Service Fee
HOSPHospital
HPTLTYHospitality
HRSHours
HVACHeating, Ventilation, and Air Conditioning
INVESTInvestment
IPIAInternational Programs In Agriculture
IPSInternational Parcel Service
LTLong Term
LTDLife To Date/Long Term Disability
LTFSLong Term Field Staff
LUBRLubricants
MACHMachine
MAINTMaintenance
NBENot Budgeted Elsewhere
NO F&ANot chargeable for F&A (see F&A)
NCENTRALNorth Central
NEWSLETNewsletter
NON RESNon Resident
NON-RFNDBLENon-Refundable
NSFNational Science Foundation
PDCPayroll Distribution Charge
PEPPurdue Enrichment Program
PERFPublic Employees Retirement Fund
PERSPersonal
PFPhysical Facilities
RECReceivable
RECRRecreation
RECVRecovery