The ACCA exam is an all-English exam. The exam involves a lot of accounting vocabulary. Candidates need to master common English vocabulary in order to better prepare for the ACCA exam. Here are some common English vocabulary for the ACCA exam, as follows:< /p>

Common English vocabulary for ACCA exams

1. Accelerated Depreciation: Any accounting or tax reason that causes an asset to be depreciated at a larger amount in an earlier period Depreciation principles

2. Accident and Health Benefits:

Provide employees with benefits related to illness, accidental injury or accidental death. These benefits include payment of hospital and medical expenses as well as income during the relevant period.

3. Accounts Receivable (AR):

The amount payable by the customer. Having accounts receivable means that the company has sold products or services but has not received payment

4. Accretive Acquisition Acquisition projects with value-added effects:

Can increase the earnings per share of the acquiring company Acquisition Project

5. Acid Test Acid Test Ratio:

A rigorous test to measure whether a company has enough short-term assets without selling inventory. resolve its short-term liabilities. Calculation method: (cash + accounts receivable + short-term investments)/current liabilities

6. Act of God Bond:

Bonds issued by insurance companies aim to convert the bonds into The principal and interest are linked to corporate losses caused by natural disasters

7. Active Bond Crowd Active bond investors:

Actively buy and sell fixed-income securities on the New York Stock Exchange< /p>

8. Active Income activity income:

Income from providing services, including wages, salaries, bonuses, commissions, and income from actual participation in business

9. Active Investing:

An investment strategy that includes continuous buying and selling behavior.

Active investors buy investments and pay close attention to their trends in order to seize profit opportunities

10. Active Management Active management:

Seek investment strategies with investment returns higher than established benchmarks

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11. Activity Based Budgeting Activity Based Budgeting:

A method of formulating a budget. The process is to list all the cost-involving activities of each department in the organization and establish various The relationship between activities, and then decide the resources to invest in each activity based on this information

12. Activity Based Management: Activity-based management:

Use activity-based The costing system improves a company's operations

13. Activity Ratio Activity ratio:

A measure of a company's ability to convert items on its balance sheet into cash or revenue Accounting ratio of ability

14. Actual Return Actual return:

The actual gain or loss of an investor can be expressed by the following formula: expected return plus special company news and overall Economic news

15. Actuary:

A professional in an insurance company who is responsible for evaluating applicants and their medical records to predict the applicant’s lifespan

16 , Acquisition acquisition:

A company acquires a majority stake in another company

17. Acquisition Premium acquisition premium:

The actual cost of acquiring a company is related to the company The difference between pre-acquisition valuations

18. Affiliated Companies:

A situation where one company owns a minority interest (less than 50%) in another company, or refers to two There are certain connections between companies

19. Affiliated Person:

A person who can influence the activities of a company, including directors, executives and shareholders, etc.

20. After Hours Trading:

Buying and selling transactions conducted outside the normal trading hours of major large exchanges

21. After Tax Operating Income-ATOI after-tax operating income:< /p>

A company’s total operating income after taxes. The calculation method is to deduct taxes from the total operating income

22. After Tax Profit Margin:

A financial ratio calculated by dividing the net profit after tax by the net profit Sales

23. After The Bell:

After the stock market closes

24. Agent:

1 .Persons or institutions that engage in securities trading for clients

2. Persons holding an insurance sales license

3. Selling or attempting to sell securities to the public on behalf of a securities brokerage or issuer Securities sales staff

25. Agency Bonds:

Bonds issued by government agencies

26. Agency Cross agents:

A transaction in which one agent represents both the buyer and the seller, also known as a "Dual Agency."

27. Agency Problem:

Conflicts of interest among bondholders, shareholders and managers due to different goals

28. Agency Securities:

Low-risk debt issued by companies backed by the U.S. government

29. Aggressive Accounting:

Improper preparation of income statements to please investors and Increase stock prices

30. Aggressive Investment Strategy Aggressive investment strategy:

Portfolio managers try to achieve the highest returns.

Aggressive investors invest a higher proportion of their assets in stocks than in other lower-risk debt securities

31. Alan Greenspan:

Dr. Greenspan Is the Chairman of the Board of Supervisors of the Federal Reserve Board of Governors. He will complete his fourth four-year term on June 20, 2004. Dr. Greenspan is also the chairman of the Federal Open Market Committee, the main monetary policy-making organization of the Federal Reserve Board.

32. Allotment: Allotment to various underwriting institutions in the initial public listing, allowing them to Shares for sale. The remaining shares will be distributed to other securities companies that have obtained the right to sell listed shares

33. Allowance For Doubtful Accounts bad debt reserve:

The company’s allowance for accounts receivable that may not be received It is predicted that this data will be recorded on the company's balance sheet

34. American Depository Receipt (ADR) American Depositary Receipt:

An American Depositary Receipt represents a deposit outside the United States. A number of shares in a state enterprise. American Depositary Receipts are bought and sold on the U.S. market with the same trading procedures as ordinary U.S. stocks. American depositary receipts are issued by U.S. banks and each contain a number of shares of a company in a country outside the United States that are held in trust by a foreign custodian. The company must provide financial information to the bank issuing the certificate. American depositary receipts do not eliminate the currency and economic risks of the underlying corporate stocks.

American depositary receipts can be listed on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Exchange

35. American Depository Share (ADS) American depositary shares :

The shares issued under the deposit agreement represent the locally listed stocks of the issuing company

36. American Option American options:

Can be used at any time during the validity period Exercised options

37. American Stock Exchange:

The third largest stock exchange in the United States, located in New York, handles 10% of the total securities traded in the United States

38. Amortization:

The amortization of debt over a period of time

The reduction in capital expenditures during a specific period. Similar to similar, it is a measure of the consumption of the value of a long-term asset, such as equipment or a building, during a specific period

39. Analyst analyst:

A financial professional with expertise in evaluating investments , generally employed by securities firms, investment consulting agencies or mutual funds. Analysts make buy, sell, or hold recommendations on different securities. In order to provide comprehensive research and analysis, analysts generally focus on different industries or economic sectors

40. Angel Investor Angel investors:

Provide entrepreneurial services to small start-up companies or entrepreneurs Financial investors of funds

41. Annualize:

1. Convert the return rate of less than one year into the full-year return rate

2. The tax period of less than one year is converted into an annual one.

42. Annual General Meeting (AGM):

A shareholder meeting that must be held once a year refers to the annual meeting of shareholders. Inform the company's decisions and work

43. Annual Report:

A company's annual financial operating report.

The contents of the annual report include the balance sheet, profit and loss statement, auditor's report and summary of the company's business

44. Annuity:

A regular fixed payment during a specific period

45. Annuity Due:

An annuity that requires immediate payment rather than payment at the end of the period

46. Anti-dilution Provision anti-dilution clause:

A provision in an option or convertible security that protects investors against dilution if a future company issues shares at a lower price (less than the price paid by the investor)

47. Anti-takeover Measure:

Measures that corporate managers take long-term or from time to time to prevent or delay hostile takeovers

48. Anti-takeover Statute:

A set of U.S. regulations designed to prevent or delay hostile takeovers. The regulations and rules of each state are different, and generally only apply to companies incorporated in the state

49. Anti-trust antitrust law:

The antitrust laws of the United States apply In all industries and at all levels of business, including manufacturing, transportation, distribution and promotion. The law prohibits a variety of actions that impede or restrict transactions. Illegal behaviors include joint price controls, business mergers that may weaken the competitiveness of individual markets, and predatory behaviors intended to achieve or maintain monopoly power

50, APICS Business Outlook Index

APICS (U.S. Production and Inventory Control Agreement) Business Outlook Index:

The U.S. national manufacturing index surveys a number of manufacturing companies every month. If the index is higher than 50, it means the industry is expanding; if it is lower than 50, it means the industry is shrinking

51. Appraisal value assessment:

An opinion on the value of a property or business

52. Appreciation:

Increase in asset value

53. Arbitrage:

Buy and sell securities at the same time, with the intention of Profit from the price difference and generally buy and sell on different exchanges or markets

54. Arbitrage Bond:

The municipal government buys back existing high-rated securities in the municipal government Low-rated debt securities issued before the date

55. Arbitrage Pricing Theory (APT) Arbitrage Pricing Theory:

It is another alternative to the capital asset pricing model. The main difference lies in its assumptions. and the interpretation of asset-related risk factors

56. Arbitrage Trading Program (ATP) arbitrage trading theory:

A trading plan that simultaneously purchases stock index futures and related shares, aiming to Profiting from price differences (market arbitrage)

57. Arbitration:

An informal hearing on a dispute, during which a group of people (usually three) selected by an impartial committee adjudicate disputes. There is no mechanism for further appeals when the judgment is made

58. Arms Length Transaction Fair transaction:

The buyer and seller of a product conduct transactions independently and have no relationship with each other. Any relationship

59. Asian Option:

An option whose return is based on the average price of the underlying security during a specific period

60. Ask(Price ) Buyer's asking price:

The security price that the seller is willing to accept, also called the offer price

61. Assessed Value:

A real estate tax Predicted value

62. Assessor:

A local government official who determines the tax value of a real estate

63. Asset:

Any item of economic value owned by an individual or a business.

Assets are also an important item on the balance sheet, showing the value owned by the company

Businesses buy assets to increase the company's value or promote business

64. Asset-Backed Security Asset Mortgage Securities:

Securities secured by asset-related notes or accounts receivable rather than real estate

65. Asset Allocation:

Investment The process of dividing a portfolio into different asset classes, the primary asset classes being bonds, stocks, or cash. The purpose of asset allocation is to reduce risks through diversified investments

66. Asset Allocation Fund Asset Allocation Fund:

A *** that divides investment assets into bonds, stocks and other securities Same as the fund, the purpose is to maximize returns and minimize risks

67. Asset Coverage Ratio:

Evaluate a company's ability to repay debts with assets after deducting all liabilities. The calculation method is:

Asset solvency ratio = [book value of total assets - intangible assets - (current liabilities - short-term debt)]/total outstanding debt

68. Asset-Liability Management Asset and liability management:

Enterprises coordinate asset and liability management measures to earn appropriate returns

69. Asset Management:

1. Enterprise Manage their financial assets to achieve the highest returns

2. Open an account with a financial institution to enjoy checking services, credit cards, charge cards, margin loans, automatic transfer of cash balances into money market funds, and securities Brokerage services

70. Asset Play asset gap:

Improperly valued stocks have a combined asset value higher than the total market value, making them attractive

71. Asset Redeployment:

Strategically allocate the company's assets to improve profitability

72. Asset Swap:

Similar to a pure swap structure, the main difference lies in the underlying swap contract. What is swapped are fixed and floating investments, not general fixed or floating loan interest rates

73. Asset Turnover Asset turnover rate:

The turnover generated by each unit amount of assets. The calculation method is: asset turnover rate = total turnover/total asset value

74. Asset Valuation:

Evaluate a portfolio, a business, an investment or an asset The process of determining the current value of items on the balance sheet

75. Assets Under Management:

Generally, it is the market value of assets managed by an investment company on behalf of investors

76. Assignment transfer:

Transfer an interest or property to another person or another business

77. At the Money:

At-the-money of an option means that the exercise price of the option is equal to the market value of the related securities

78. ATP arbitrage trading theory:

Buying stock index futures and related shares at the same time A trading plan designed to profit from price differences (market arbitrage)