Problem

Identifying Important Accounting AbbreviationsThe following is a list of important abbrevi...

Identifying Important Accounting Abbreviations

The following is a list of important abbreviations used in the chapter. These abbreviations also are

used widely in business. For each abbreviation, give the full designation. The first one is an example.

Abbreviation

Full Designation

(1) CPA

Certified Public Accountant

(2) GAAP

 

(3) CMA

 

(4) AICPA

 

(5) SEC

 

(6) FASB

 

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