Appendix G — Abbreviations
|
Abbreviation
|
Description
|
|---|---|
|
AFS
|
available-for-sale
|
|
AICPA
|
American Institute of Certified Public
Accountants
|
|
APB
|
FASB Accounting Principles Board
|
|
APIC
|
additional paid-in capital
|
|
ARO
|
asset retirement obligation
|
|
ASC
|
FASB Accounting Standards Codification
|
|
ASU
|
FASB Accounting Standards Update
|
|
C&DI
|
SEC Compliance and Disclosure
Interpretation
|
|
CEO
|
chief executive officer
|
|
EBIT
|
earnings before interest and taxes
|
|
EBITDA
|
earnings before interest, taxes,
depreciation, and amortization
|
|
EITF
|
Emerging Issues Task Force
|
|
EPS
|
earnings per share
|
|
FASB
|
Financial Accounting Standards Board
|
|
FCC
|
Federal Communications Commission
|
|
FDA
|
U.S. Food and Drug Administration
|
|
FIFO
|
first in, first out
|
|
FRM
|
SEC Division of Corporation Finance’s
Financial Reporting Manual
|
|
FSP
|
FASB Statement of Position
|
|
FTB
|
FASB Technical Bulletin
|
|
GAAP
|
generally accepted accounting principles
|
|
IAS
|
International Accounting Standard
|
|
IASB
|
International Accounting Standards Board
|
|
IFRS
|
International Financial Reporting
Standard
|
|
IPO
|
initial public offering
|
|
IPR&D
|
in-process research and development
|
|
LIFO
|
last in, first out
|
|
MD&A
|
Management’s Discussion and Analysis
|
|
MLP
|
master limited partnership
|
|
NFP
|
not-for-profit
|
|
OPEB
|
other postemployment benefits
|
|
OCA
|
SEC Office of the Chief Accountant
|
|
PBE
|
public business entity
|
|
PCAOB
|
Public Company Accounting Oversight
Board
|
|
PCC
|
Private Company Council
|
|
PCD asset
|
purchased credit-deteriorated asset
|
|
PP&E
|
property, plant, and equipment
|
|
R&D
|
research and development
|
|
ROU
|
right of use
|
|
S&P 500 Index
|
Standard and Poor’s 500 stock market index
|
|
SAB
|
SEC Staff Accounting Bulletin
|
|
SEC
|
U.S. Securities and Exchange Commission
|
|
SFAS
|
Statement of Financial Accounting
Standards
|
|
SPAC
|
special-purpose acquisition company
|
|
TSA
|
transition services agreement
|
|
VBPP
|
value beyond proven and probable
reserves
|
|
VIE
|
variable interest entity
|
|
VRG
|
FASB’s Valuation Resource Group
|