A

  • Regulations governing accounting procedures and reporting
  • A financial information system designed to record, classify, report and interpret financial data of an organization or company.
  • Amounts owed by a company or organization for goods and services rendered.
  • Amounts due the company or organization for goods and services rendered.
  • An expert on pension scheme assets and debts, life expectancy and risk for insurance purposes.
  • An advance health care directive, also known as living will, personal directive, is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity.
  • A tax-sheltered investment sponsored by an insurance company that pays earnings and also has a death benefit. A regular amount paid out to someone from an investment that is linked to a managed fund.
  • A percentage to show the amount of interest and other fees a person pays each year to receive a loan.
  • A type of mortgage for which a person pays a variable amount based on interest rates increasing or decreasing.
  • The primary rules governing the management of a corporation in the United States and Canada, and are filed with a state or other regulatory agency.
  • Something of value owned.
  • A computerized machine that allows bank customers to get information on their bank account, withdraw money or make a deposit without interaction with another person.
  • An independent examination of an organization’s records and accounts to make sure that they show a fair, accurate and legal reflection of the financial position of the company at the accounting date. Audits can be either internal or external.
  • A report by an independent person or firm on an organization’s financial records.  The report will be either “Unqualified” or “Qualified.”