Acronyms

ACAP
Accounting Careers Awareness Program; Society member service

ASB
Auditing Standards Board of AICPA

CCH
Commerce Clearing House; tax and business law information and software for accounting, legal, human resources, securities, insurance, health care and small business professionals.

EA
Enrolled Agent

ERISA
Employee Retirement Income Security Act

FASB
Financial Accounting Standards Board – private org which decides GAAP (Generally Accepted Accounting Practices)

GAAS
Generally Accepted Auditing Standards; AICPA decides these

GAGAS
Same as Yellow Book

GASB
Government Accounting Standards Board – sets rules for government accounting only

KPI
Key Performance Indicators (closing books)

MAP
Management of an Accounting Practice

OCBOA
Other Comprehensive Basis of Accounting

PMP
Project Management Professional

PRP
Peer Review Program

SAS
Statements of Auditing Standards from AICPA’s Auditing Standards Board (ASB)

SAS 99
Consideration of Fraud in a Financial Statement Audit

SECPS
Securities & Exchange Commission Practice Session (Peer Review Program, PRP)

SEP
Simplified Employee Pension

SIMPLE
Saving Incentive Match Plan for Employees

SOP
Statement of Position as in AICPA SOP

SSAE
Statements on Standards for Attestation Engagements (attestation is audit, compilation & review)

SSARS
Statements on Standards for Accounting & Review Services

CERTIFICATIONS LIST

CFE
Certified Fraud Examiner

CFM
Certified in Financial Management

CFP
Certified Financial Planner

CGFM
Certified Government Financial Manager

ChFC
Chartered Financial Consultant

CLU
Chartered Life Underwriter

CSEP
Certified Specialist in Estate Planning

CSRP
Certified Specialist in Retirement Planning

CFM
Certified Financial Manager

CITP
Certified Information Technology Professional

CMA
Certified Management Accountant

CPIM
Certified in Production & Inventory Management

CVA
Certified Valuation Analyst

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