Vocabulario De Ingles

ACCOUNT is the detailed record of a particular asset, liability, owners equity, revenue or expense.
 ACCELERATED DEPRECIATION is a method of calculating depreciation with larger amounts in the first year(s).
ACCOUNTABILITY is the obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner. It alsoincludes the responsibility for money or other entrusted propert
ACTIVE MANAGEMENT, in securities, is the trading of securities to take advantage of market opportunities as they occur, in contrast to a buy-and-hold strategy
BALANCE is: a. equality between the totals of the credit and debit sides of an account; or, b. the difference between the totals of the credit and debit sides of an accounBALANCE SHEET is an itemized statement that lists the total assets and the total liabilities of a given business to portray its net worth at a given moment of time. The amounts shown on a balance sheet are generally the historic cost of items and not their current values.
BACKUP is a copy of a computer program or data stored separately from the original.
BASE CAPITAL includes (1) shares that (a)are non-cumulative, non-retractable, non-redeemable and, if convertible, are only convertible into common shares, and (b) have been issued and paid for; base capital also includes (2) contributed surplus, and (3) retained earnings.
CANCEL SUPPORTING DOCUMENTS is to mark supporting documents as having been used to support a transaction so the same documents can't be used to support anothertransaction. An example is stamping vouchers "paid.”
 CAPITAL, in economics, can mean: factories, machines, and other man-made inputs into a production process. In finance, capital is money and other property of a corporation or other enterprise used in transacting the business
CAPITALIZATION is the statement of capital within the firm - either in the form of money, common stock, long-term debt, or insome combination of all three. It is possible to have too much capital (in which case the firm is overcapitalized) or too little capital (in which case the firm is undercapitalized).
 DEBIT is a record of an indebtedness; specifically : an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liabilityaccount.
DAY BOOK is a written record/ledger in which transactions have been recorded as they occurred
EARNINGS is a term that refers to the financial capacity of a corporation to make distributions to shareholders other than return of capital, e.g., dividends. See also RETAINED EARNINGS
ECONOMIC DEPRECIATION is the decline in real estate property value caused by external forces, such asneighborhood blight or adverse development.
 

FEE ACCOUNTANT is an individual who performs manual or automated bookkeeping services and/or maintains the official accounting records.
FINANCIAL ACCOUNTABILITY tells you what policies your board should adopt or has adopted to meet their responsibility for ensuring that the organization they govern is financially sound. They would then hold those who managethe organization accountable for implementing these policies. Policy areas covered: Finances, Budgets, Asset Protection and Major Risk
GENERAL ACCOUNTING involves the basic principles, concepts and accounting practice, recording, financial statement preparation, and the use of accounting information in management.
 GENERAL CONTROLS, in accounting, are the policies and procedures to assureproper operation of computer systems, including controls over network operations, software acquisition and maintenance, and access security.
 HARD COPY is a printed copy of information as opposed to information stored in computer readable form.
 HEDGING is strategy focused upon reducing exposure to risk of loss resulting from fluctuations in exchange rates, commodity prices, interest rates etc....