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Recruiter's Glossary

Examples: Foreign Currency • Deferred Tax • Year-End Close

Accounting Terms

Understanding these terms will help you better evaluate candidates and communicate with hiring managers

Amortization

Chart of Accounts

COGS

Depreciation

Overhead Allocation

General Ledger

Materiality

Financial Close

P&L

Balance Sheet

Purchase Cycle

Segment Reporting

ROI

Revenue Cycle

EBITDA

Consolidation

GAAP

Deferred Tax

Foreign Currency

Trial Balance

Month-End Close

Accounts Payable

Budget

Cash Flow Statement

Revenue Recognition

Cash Basis

Variance Analysis

Hedge Accounting

Activity-Based Costing

Tax Provision

ROE

Reconciliation

Cost Accounting

Income Statement

Cost Center

Bank Reconciliation

Year-End Close

Fixed Assets

IFRS

Intercompany

Journal Entry

Working Capital

Accrual Basis

Internal Controls

Audit Trail

Profit Center

Transfer Pricing

Lease Accounting

Accounts Receivable

Forecast

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