Deloitte
Accounting Research Tool
...
Appendix C — Abbreviations

Appendix C — Abbreviations

Appendix C — Abbreviations

Abbreviation
Description
AICPA
American Institute of Certified Public Accountants
ARB
Accounting Research Bulletin
ASC
FASB Accounting Standards Codification
ASU
FASB Accounting Standards Update
CECL
current expected credit loss
CFO
chief financial officer
CME
Chicago Mercantile Exchange
DOJ
U.S. Department of Justice
EITF
Emerging Issues Task Force
FASB
Financial Accounting Standards Board
FDA
U.S. Food and Drug Administration
FIN
FASB Interpretation
GAAP
generally accepted accounting principles
IAS
International Accounting Standard
IBNR
incurred but not reported
ICFR
internal control over financial reporting
IFRS
International Financial Reporting Standard
IPO
initial public offering
JV
joint venture
LIFO
last in, first out
MD&A
Management’s Discussion and Analysis
MLP
master limited partnership
PCAOB
Public Company Accounting Oversight Board
SAB
SEC Staff Accounting Bulletin
SEC
U.S. Securities and Exchange Commission
SPE
special-purpose entity