What's it Stand For?
CA
Chartered Accountant
Bookkeeping
Records kept by accountants of companies for sales, revenue, expenses, and everything that has to do with money.
The government or a company spending more than what it takes in, in a year
A Budget Deficit
CMA
Certified Management Accountant
Accounting
An information system that focuses on collecting, analyzing, and financial information having to do with a business.
The process of converting assets into cash
Liquidating
CGA
Certified General Accountant
Gross profit
Is the profit made by a company from selling its goods/services after all expenses are deducted.
A broad report of a company's financial status.
Financial Statements
CPA
Chartered Professional Accountant
Inventory Turnover Ratio
The frequency at which a business needs to relish its inventory each year
A benefit in a company's financial structure(Ex: Properties)
An Asset