What are the most used acronyms in accounting?
Answers:
Here are some.
gl (general ledger)
ap (accounts payable)
ar (accounts receivable)
pr (payroll)
FYE (fiscal year end)
PE (period end)
YE (year end)
AJE (adjusting log entry)
JE (journal entry)
EOM (end of month)
GAAP
LIFO
FIFO
AICPA
CPA
DR
CR
FAS
FASB
GAAP, LIFO, FIFO, LIFO, AICPA, CPA, DR, CR, FAS, FASB, and most importantly IRS.
As already answered and AJE, FYE, GJ, AR, AP, GL, I'm sure more will come to me and I'll distribute them along.
I vote AP and AR.