Glossary

  • A

    Accrual basis accounting
    Annual Performance Report
    Assests
  • C

    Cost principle
    Current asset
    Current liability
  • E

    Economic entity assumption
    Expenditures
  • F

    Financial Management and Internal Controls
    Full disclosure principle
  • G

    GAAP
    GASB
    Going concern principle
    Grant revenue
  • I

    Indian Housing Plan
    Insurance
  • L

    Liabilities
    Long term Liability
  • M

    Matching principle
    Materiality principle
    Monetary unit assumption
  • N

    Net position
    Non current asset
  • P

    Principle of conservatism
  • R

    Relevance, reliability, and consistency
    Revenue recognition
    Revenue recognition principle
  • S

    Segregation of duties:
    SF 425
  • T

    Time period assumption
  • W

    What is a budget?