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Acronyms and abbreviations

Abbreviation What it stands for More information
AASB Australian Accounting Standards Board Website
AOSSG Asian-Oceanian Standard-Setters Group (AOSSG) Info and Website
APB Accounting Principles Board (Predecessor to FASB) FASB Website
ARC Accounting Regulatory Committee (of the European Commission) Website
ARG Analyst Representative Group Renamed CMAC in 2011
ASB Accounting Standards Board (United Kingdom) Website
ASBJ Accounting Standards Board of Japan Website
ASU Accounting Standards Update FASB pronouncements since release of the FASB Codification in July 2009
CESR Committee of European Securities Regulators Succeeded by ESMA in 2011
CFSS Consultative Forum of Standard Setters of Europe Info
CICA Canadian Institute of Chartered Accountants Website
CMAC Capital Markets Advisory Committee (formerly Analyst Representative Group) Info
DP Discussion Paper Info
DSOP Draft Statement of Principles Published by old IASC
DTT Deloitte Touche Tohmatsu Website
EC European Commission Info and Website
ED Exposure Draft Info
EFRAG European Financial Reporting Advisory Group Info and Website
EITF Emerging Issues Task Force (of FASB) Info and Website
ESMA European Securities and Markets Authority (formerly Committee of European Securities Regulators, CESR) Info and Website
FASB Financial Accounting Standards Board (United States) Info and Website
FinRECUS Financial Reporting Executive Committee (formerly Accounting Standards Executive Committee, AcSEC) Website
G4+1 Group of Four Plus One (Accounting Standard Setters) No longer active
GAAP Generally Accepted Accounting Principles. In United Kingdom and several other countries, GAAP stands for Generally Accepted Accounting Practice
GASB Governmental Accounting Standards Board (United States) Website
GRI Global Reporting Initiative Info and Website
IAASB International Auditing and Assurance Standards Board Website
IAESB International Accounting Education Standards Board Website
IAS International Accounting Standard(s) Standards issued by IASC
IASB International Accounting Standards Board Info and Website
IASC International Accounting Standards Committee (predecessor to the International Accounting Standards Board) Info
IASCF International Accounting Standards Committee Foundation Renamed IFRSF in 2010
IESBA International Ethics Standards Board for Accountants Info and Website
IFAC International Federation of Accountants Info and Website
IFRIC International Financial Reporting Interpretations Committee (renamed IFRS Interpretations Committee in 2010) Info and Website
IFRS International Financial Reporting Standard(s) Standards, issued by the IASB Info and summaries
IFRSF International Financial Reporting Standards Foundation (formerly International Accounting Standards Committee Foundation) Info and Website
IFRSIC International Financial Reporting Standards Interpretations Committee (formerly International Financial Reporting Interpretations Committee) Info
IIRC International Integrated Reporting Council Info and Website
IOSCO International Organization of Securities Commissions Info and Website
IPSAS International Public Sector Accounting Standards (issued by IPSASB) Info and Website
IPSASB International Public Sector Accounting Standards Board (of IFAC) - formerly known as Public Sector Committee (PSC) Info and Website
ISA International Standard on Auditing (issued by IAASB) Website
IVSC International Valuation Standards Committee Info and Website
JWG Joint Working Group on Financial Instruments Info
PAAinE Pro-active Accounting in Europe Info
PCAOB Public Company Accounting Oversight Board (United States) Info and Website
PIOB Public Interest Oversight Board (of IFAC) Info and Website
SARG Standards Advice Review Group (of the European Commission) Info
SEC Securities and Exchange Commission (United States) Info and Website
SME Small or medium-sized entity Info
XBRL eXtensible Business Reporting Language Info and Website

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.