Lexicon of Accounting Terminology: Lexicon of Tech and Business, #1
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About this ebook
Are you looking for a comprehensive, easy-to-understand resource that explains accounting terminology in a clear and practical way? Lexicon of Accounting Terminology is the ultimate guide to over 400 essential accounting terms, designed to help professionals, students, and business owners navigate the complex world of finance and accounting with confidence.
This book is part of the renowned Lexicon of Tech and Business series, a collection dedicated to simplifying key concepts in business, technology, and law. Whether you're a seasoned accountant, a small business owner, or a student preparing for exams, this lexicon provides straightforward, real-world definitions without unnecessary jargon.
Why This Book is a Must-Have
- Covers fundamental and advanced accounting concepts, from financial statements and tax regulations to cost accounting and auditing principles
- Designed for easy understanding, each definition breaks down complex terms into simple, digestible explanations
- Perfect for professionals and students, whether you're a CPA, CFO, entrepreneur, or finance student
- Stay ahead with the latest terminology and practices in the world of accounting
- Find what you need instantly with a structured and easy-to-navigate layout
Who Should Read This Book
- Accounting and finance professionals seeking a reliable reference guide
- Business owners and entrepreneurs looking to understand financial statements and reports
- Students preparing for accounting exams, including CPA, CMA, ACCA, and CFA
- Investors and decision-makers who want to grasp key financial concepts
Part of a Powerful Knowledge Series
Lexicon of Accounting Terminology is one of the essential books in the Lexicon of Tech and Business series, a highly regarded collection covering business, technology, and legal terminology. If you're looking to expand your expertise across multiple disciplines, this series is a game-changer.
Boost Your Accounting Knowledge Today
Understanding accounting terminology is critical for making informed financial decisions, analyzing reports, and staying compliant with industry standards. Whether you're working in corporate finance, managing a startup, or studying for an exam, this book will give you the knowledge and confidence to succeed.
Get Your Copy Now and Gain Instant Access to the Language of Accounting
Mustafa Al-Dori
Dr. Mustafa Kamal Mustafa Al-Dori is a business administration expert specializing in marketing. He earned his doctorate from Ain Shams University, Faculty of Business, and has a strong passion for bridging theory with real-world applications. With extensive experience in supporting small and medium-sized enterprises, Dr. Al-Dori has contributed to numerous successful projects. He is a distinguished speaker at conferences, a contributor to training programs, and an author of research published in high-impact journals. Through his work, he continues to inspire and empower the next generation of business leaders.
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Lexicon of Accounting Terminology - Mustafa Al-Dori
DEDICATION
For my parents, whose love and guidance shaped my world.
ACKNOWLEDGMENTS
I am deeply grateful to everyone who played a role in bringing this book to life. To my family, whose unwavering support fuels my ambition; to my friends, who inspire and challenge me; and to my mentors and colleagues, whose insights and wisdom have guided my path. Your encouragement has been invaluable.
Thank you for believing in this journey.
About the Book
Lexicon of Accounting Terminology is a comprehensive guide featuring 400 essential accounting terms, designed to help professionals, students, and business enthusiasts understand key financial concepts with clarity. This book is part of the Lexicon of Tech and Business series, which specializes in terminology across business, technology, and legal fields.
Each term in this book is carefully defined in a clear and practical manner, making complex accounting principles easy to grasp. Whether you're an accountant, an entrepreneur, or simply someone looking to enhance your financial literacy, this book serves as a valuable resource for navigating the language of accounting with confidence.
About the Series
Lexicon of Tech and Business is a specialized series dedicated to simplifying complex terminology in the fields of business, technology, and law. Each book in the series provides clear, practical definitions of key terms, making it an essential resource for professionals, students, and anyone looking to expand their knowledge in these industries.
With a focus on accuracy and real-world applications, the series helps readers understand industry-specific language with ease. Whether you're exploring accounting, finance, legal concepts, or emerging technologies, Lexicon of Tech and Business equips you with the essential terminology to navigate these fields confidently.
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Terminology
Absorption Costing – A costing method that includes all fixed and variable manufacturing costs in the cost of a product, ensuring all expenses are accounted for.
Accounting – The process of recording, summarizing, analyzing, and reporting financial transactions of a business. It helps businesses track their income and expenses, ensuring financial health and compliance with regulations.
Accounting Conservatism – A principle that encourages recognizing potential losses immediately while delaying the recognition of gains until they are certain.
Accounting Cycle – The complete process of recording, summarizing, and reporting financial transactions, from journal entries to financial statements.
Accounting Equation – The fundamental formula of accounting: Assets = Liabilities + Equity, which ensures a company’s financial statements remain balanced.
Accounting Errors – Mistakes in financial reporting, such as misstatements, omissions, or incorrect classifications, which may require correction through restatements.
Accounting Estimates – Approximations made in financial statements when precise data is unavailable, such as depreciation or allowance for doubtful accounts.
Accounting Information System (AIS) – A structured system for collecting, storing, and processing financial data to support decision-making and financial reporting.
Accounting Policies – The specific principles and rules a company follows when preparing financial statements, ensuring consistency and compliance with accounting standards.
Accounting Principles Board (APB) – A former authoritative body that issued