This glossary contains the words people can use to describe the accounting and management field while doing a screencast.
Accrual basis
noun
The accounting process whereby revenues are measured and recorded as earned, while expenses are recorded as incurred
Example: Revenues and costs incurred in connection with concession agreements should normally be accounted for on an accrual basis.
fr: Comptabilité d'exercice
B2B
noun
A B2B (business to business) company is one that offers products or services directly to other businesses. The business can be a buyer, such as when a company purchases material for its products, or it can be a supplier providing products to other companies.
Example: After the workshops, BtoB (business to business) meetings have been held with Tanzanian entrepreneurs involved.
fr: Entreprise à entreprise
B2C
noun
B2C is an acronym for business-to-consumer. A B2C business is one that sells products or services directly to the consumer.
Example: However, we believe more and more in direct online sales, B2C, business to customer.
fr: Entreprise à client
Balance Sheet
noun
A balance sheet is a statement of the financial position of a business which describes the assets, liabilities, and owners' equity at a particular point in time. In other words, the balance sheet illustrates the business's net worth.
Example: Such investments would directly strengthen Germany's public-sector balance sheet.
fr: Bilan
Base year
Noun
In financial analysis, the first year to be considered in any set of data.
Example: Requires justification of base year choice.
fr: Année de référence
Capital investment analysis
noun
The process of making decisions about capital investments. It includes identifying the need for a capital investment, analyzing courses of action to meet that need, preparing reports for managers, choosing the best alternative, and dividing funds among competing needs. Also called capital budgeting.
Example: The following analysis covers only the results produced by UNCDF capital investments in microfinance.
fr: Analyse des investissements en capital
Cash basis accounting
Noun
Cash basis refers to a major accounting method that recognizes revenues and expenses at the time cash is received or paid out.
Example: This happens because income and expenses are not necessarily matched under the cash basis system.
fr: Comptabilité de caisse
Cash flow
noun
Cash flow is the money that is moving (or flowing) in and out of a business in any given month. Cash may be coming in from customers or clients, who are buying products or services. Cash may be going out in the form of payments for expenses like rent or a mortgage.
Example: We posted record earnings, operating ratio and free cash flow.
fr: Flux de trésorerie
CEO
noun
The Chief Executive Officer (CEO), is the top executive in an organization. That top executive can have many titles. The top executive can also be a managing partner or president. Most organizations are replacing the title of their top executive with CEO.
Example: Just put the ceo of microsoft on the phone.
fr: Directeur général
Corporation
noun
A form of business organization where ownership is represented by divisible units called shares of stock.
Example: A port development corporation has been created.
fr: Entreprise
Costs of quality
noun
Both the costs of achieving quality and the costs of poor quality in the manufacture of a product or the delivery of a service the costs that are specifically associated with the achievement or nonachievement of product or service quality (.
Example: In addition to the already heavy costs of quality production, this will be an extra requirement with little practical use.
fr: Coûts de la qualité
Dividends
noun
Amounts paid from profits of a corporation to shareholders as a return on their investment in the stock of the entity.
Example: We must never forget that investments in development pay huge dividends.
fr: Dividende
Employee turnover
noun
When employees leave a company and have to be replaced its called employee turnover. A certain amount of turnover is unavoidable, but too much can ruin a company. The two general types of turnover are voluntary (such as resigning) and involuntary (such as layoffs).
Example: As a result of these factors, employee turnover is relatively high.
fr: Rotation du personnel
Present value
noun
The calculated value today of an amount to be received in the future, based upon an assumed interest rate.
Example: Returns the present value of an investment resulting from a series of regular payments.
fr: Valeur actuelle
Vision
noun
Vision is the dream of what the owners want the organization to be. It should not be confused with strategy, which is the large-scale plan the company follows to make the dream happen.
Example: Building KDE capacity requires vision and strategic leadership.
