Explore the Accounting Glossary
Understand every accounting term with simple, clear explanations. Your journey to mastering accounting starts here.
Browse Accounting Terms A–Z
Find clear explanations of every accounting term, from Assets to Working Capital.
- Adjustable Rate Loan/Mortgage
- Adjusted Balance Method
- Adjusted Basis of an Asset
- Adjusted Book Value
- Adjusted Cost of Goods Sold (ACOGS)
- Adjusted Current Earnings (ACE)
- Adjusted Gross Income (AGI)
- Adjusted Net Capital Gains
- Adjusted Trial Balance
- Adjusting Entry
- Administrative Costs
- Adoption Credit
- Adverse Audit Report
- Affiliate
- Affiliated Group
- Agency Fund
- Agency Theory
- Agency Transactions
- Aggressive Growth Fund
- Aging Schedule
- All-Events Test
- Allocation
- Allowance for Doubtful Accounts
- Allowance Method
- Alternative Minimum Tax (AMT)
- Alternative Minimum Taxable Income (AMTI)
- American Accounting Association (AAA)
- American Association of Public Accountants (AAPA)
- American Institute of Certified Public Accountants (AICPA)
- Amortization
- Amortization of Premium
- Amortized Loan
- AMT Adjustments
- Annual Gift Tax Exclusion
- Annual Percentage Rate (APR)
- Annual Report
- Annuity
- Annuity Due
- Antidilutive
- Applied Overhead
- Appreciation
- Appropriated Retained Earnings
- Appropriations
- Arbitrage
- Articles of Incorporation
- Articulate
- Assessed Value
- Asset
- Asset Allocation
- Asset-Allocation Funds
Learn Key Terms Faster
Master the most essential accounting terms that every student and professional should know.
Assets
Resources owned by a business that have economic value and can provide future benefits.
Read More →Liabilities
Obligations or debts that a company owes to external parties, such as loans or payables.
Read More →Equity
The owner’s residual interest in the assets of a business after deducting liabilities.
Read More →Why Learn Accounting Terms?
Understanding accounting vocabulary is the first step toward mastering the language of business. Here’s why it matters.
Build a Strong Foundation
Accounting terms are the building blocks of financial literacy. Knowing them helps you grasp key concepts easily.
Boost Career Readiness
Professionals who understand accounting terminology communicate better and make smarter financial decisions.
Learn Faster and Smarter
With clear understanding of each term, you’ll master journal entries, ledgers, and statements much faster.
Start Learning Today
Don’t just memorize accounting terms — apply them. Dive into quizzes, explore real problems, and strengthen your understanding step by step.