Appendix F — Abbreviations
|
Abbreviation
|
Description
|
|---|---|
|
AcSEC
|
Accounting Standards Executive Committee
|
|
AFS
|
available for sale
|
|
AICPA
|
American Institute of Certified Public
Accountants
|
|
AOCI
|
accumulated other comprehensive income
|
|
APB
|
Accounting Principles Board
|
|
APIC
|
additional paid-in capital
|
|
ASC
|
FASB Accounting Standards Codification
|
|
ASU
|
FASB Accounting Standards Update
|
|
CECL
|
current expected credit loss
|
|
CEO
|
chief executive officer
|
|
CFO
|
chief financial officer
|
|
CFR
|
U.S. Code of Federal Regulations
|
|
COO
|
chief operating officer
|
|
CTA
|
cumulative translation adjustment
|
|
DRO
|
deficit restoration obligation
|
|
DTA
|
deferred tax asset
|
|
DTL
|
deferred tax liability
|
|
EITF
|
FASB Emerging Issues Task Force
|
|
EPS
|
earnings per share
|
|
FASB
|
Financial Accounting Standards Board
|
|
FVTPL
|
fair value through profit or loss
|
|
GAAP
|
generally accepted accounting principles
|
|
GP
|
general partner
|
|
HLBV
|
hypothetical liquidation at book value
|
|
IAS
|
International Accounting Standard
|
|
IASB
|
International Accounting Standards Board
|
|
IFRS
|
International Financial Reporting
Standard
|
|
IP
|
intellectual property
|
|
IPR&D
|
in-process research and development
|
|
IRC
|
Internal Revenue Code
|
|
IRR
|
internal rate of return
|
|
ITC
|
investment tax credit
|
|
LLC
|
limited liability company
|
|
LLP
|
limited liability partnership
|
|
LOC
|
line of credit
|
|
NFP
|
not-for-profit entity
|
|
NMTC
|
New Markets Tax Credit (program)
|
|
OCA
|
SEC’s Office of the Chief Accountant
|
|
OCI
|
other comprehensive income
|
|
OTTI
|
other-than-temporary impairment
|
|
PBE
|
public business entity
|
|
PCAOB
|
Public Company Accounting Oversight
Board
|
|
PCC
|
Private Company Council
|
|
PP&E
|
property, plant, and equipment
|
|
PTC
|
production tax credit
|
|
QAHP
|
qualified affordable housing project
|
|
REIT
|
real estate investment trust
|
|
SAB
|
SEC Staff Accounting Bulletin
|
|
SEC
|
U.S. Securities and Exchange Commission
|
|
SOP
|
Statement of Position
|
|
VIE
|
variable interest entity
|