Appendix I — Abbreviations
|
Abbreviation
|
Description
|
|---|---|
|
ABS
|
asset-backed security
|
|
AcSEC
|
Accounting Standards Executive Committee
|
|
AFS
|
available for sale
|
|
AICPA
|
American Institute of Certified Public
Accountants
|
|
AMIAPG
|
Asset Management Industry Accounting Policy
Group
|
|
ARB
|
Accounting Research Bulletin
|
|
ASC
|
FASB Accounting Standards Codification
|
|
ASU
|
FASB Accounting Standards Update
|
|
CAQ
|
Center for Audit Quality
|
|
CDO
|
collateralized debt obligation (entity)
|
|
CEO
|
chief executive officer
|
|
CFE
|
collateralized financing entity
|
|
CFO
|
chief financial officer
|
|
CFR
|
Code of Federal Regulations
|
|
CIMA
|
Chartered Institute of Management Accountants
|
|
CIRA
|
common interest realty association
|
|
CIV
|
collateralized investment vehicle
|
|
CLO
|
collateralized loan obligation (entity)
|
|
CMV
|
collateralized manager vehicle
|
|
CP
|
commercial paper
|
|
EITF
|
Emerging Issues Task Force
|
|
EPC
|
engineering, procurement, and
construction
|
|
ESOP
|
employee stock ownership plan
|
|
FASB
|
Financial Accounting Standards Board
|
|
FDA
|
Food and Drug Administration
|
|
FIFO
|
first in, first out
|
|
FIN
|
FASB Interpretation Number
|
|
FRM
|
SEC's Division of Corporation Finance
Financial Reporting Manual
|
|
FSP
|
FASB Staff Position
|
|
GAAP
|
generally accepted accounting principles
|
|
GASB
|
Governmental Accounting Standards Board
|
|
HTM
|
held to maturity
|
|
IAS
|
International Accounting Standard
|
|
IASB
|
International Accounting Standards Board
|
|
ICFR
|
internal control over financial
reporting
|
|
IFRS
|
International Financial Reporting
Standard
|
|
IM
|
investment management
|
|
IRR
|
internal rate of return
|
|
LIFO
|
last in, first out
|
|
LIHTC
|
low-income housing tax credit
|
|
LLC
|
limited liability company
|
|
MBS
|
mortgage-backed security
|
|
MD&A
|
Management’s Discussion and Analysis
|
|
NFP
|
not-for-profit (entity)
|
|
O&M
|
operation and maintenance
|
|
OCA
|
SEC’s Office of the Chief Accountant
|
|
PAC
|
political action committee
|
|
P&U
|
power and utilities
|
|
PCAOB
|
Public Company Accounting Oversight
Board
|
|
PPA
|
power purchase agreement
|
|
PSA
|
purchase and sale arrangement
|
|
REC
|
renewable energy credit
|
|
REIT
|
real estate investment trust
|
|
Re-REMIC
|
resecuritization of real estate mortgage
investment conduit securities
|
|
SAB
|
SEC Staff Accounting Bulletin
|
|
SEC
|
Securities and Exchange Commission
|
|
SFAS
|
Statement of Financial Accounting
Standards
|
|
SIFMA
|
Securities Industry and Financial Markets
Association
|
|
SOFR
|
secured overnight financing rate
|
|
SOP
|
AICPA Statement of Position
|
|
SPE
|
special-purpose entity
|
|
UPREIT
|
umbrella partnership real estate investment
trust
|
|
VIE
|
variable interest entity
|