Hello, my name is Krishnanthy. The name of my program is Accounting and Management Technology. My field of study is accounting. I am currently in my fifth session and plan to graduate in the end of autumn 2025. I currently have seven courses such as accounting in cost price, finance, international commerce, human resources and marketing. Once I graduate, I plan to find a part-time job in accounting while I keep studying at university. I want to go to Concordia University. In my career, I will face choices as which type of accountant I want to be. In the glossary, you will see twenty words that is related with my field of study.
asset
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: The investors will hold portfolios among those three funds, and the interesting point is the present of R N has linked investors' ASSET pricing behaviour with the economic condition.
en: actif
balance sheet
noun
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Example: Finance and Operating leases are not in substance considered as purchases, unlike Capital leases, which are shown on the BALANCE SHEET.
en: bilan
bookkeeping
noun
The activity or occupation of keeping records of the financial affairs of a business.
Example: Proper bookkeeping gives companies a reliable measure of their performance.
en: tenue de livres
capital
noun
Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Example: Hiring the machine is most effective short term as the CAPITAL investment needed to buy such a machine is huge (£250K-Wilibald used machinery 2003) .
en: capital
cash flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Example: For instance it talks about future growth but not how this will be implemented as well as excellent CASH FLOW, low debts.
en: flux de trésorerie
cost of good
noun
Costs of goods are the expenses directly related to the production of a company's product, the costs related to acquiring inventory to sell to customers or the costs directly involved in providing services to customers.
Example: The cost of goods sold is considered an expense in accounting.
en: coût des marchandises vendues
depreciation
noun
A reduction in the value of an asset with the passage of time, due in particular to wear and tear.
Example: The monetary approach concludes that in the long run, Exchange rates move in proportion to money supply and also, somewhat against immediate intuition, that an increase in interest rates leads to a long run DEPRECIATION in the economy.
en: dépréciation
diversification
noun
The process of a business enlarging or varying its range of products or field of operation.
Example: So the initial step to DIVERSIFICATION is assessing potential demand for product using the tools of market research, local knowledge and evaluation of local competing businesses.
en: diversification
dividend
noun
A sum of money paid regularly (typically quarterly) by a company to its shareholders' out of it profits (or reserves).
Example: Basic Earning per Share and Ordinary DIVIDEND per Share add by 98% and 29% respectively.
en: dividende
equity
noun
The value of the shares issued by a company.
Example: If the shares are repurchased near the undervalued price, the company will earn a rate of return greater than market required cost of EQUITY.
en: capitaux propres
expense
noun
An expense is the cost of operations that a company incurs to generate revenue.
Example: In 2001 Midland Metro evidently struggled with direct cost and indirect EXPENSE control as their loss increased over 3.5 times the previous year.
en: frais
fixed cost
noun
Business costs, such as rent, that are constant whatever the quantity of goods or services produced.
Example: The selling price and variable costs would remain the same, with FIXED COST rising from $2.1 million to $2.4 million in 1997.
en: coût fixe
gross profit
noun
Gross profit is the financial gain of a company after deduction of the costs necessary to manufacture and distribute its goods or services.
Example: The more expensive items contribute less GROSS PROFIT, but this is made up for by cheaper items.
en: bénéfice brut
income statement
noun
An income statement shows a company's revenues, expenses and profitability over a period.
Example: Transitory items need to be clearly displayed on the INCOME STATEMENT.
en: état des résultats
inventory
noun
The entire stocks of a business, including materials, components, work in progress, and finished products.
Example: Considered about the competition between different groups' we tried to use out of our INVENTORY and made maximum cash flow to win the simulation game.
en: inventaire
ledger
noun
A book or other collection of financial accounts of a particular type.
Example: Psmith, perched gracefully on a stool, entered figures in a ledger.
en: grand livre
liability
noun
A thing for which someone is responsible, especially a debt or financial obligation.
Example: A loan would be needed but if the research is in depth then it would not be too much of a LIABILITY.
en: dettes
net income
noun
Net income is the amount of money you bring home after taxes and other deductions are taken out of your paycheck.
Example: General Electric's NET INCOME fell from $60.5m in 1930 to $14.7m in 1932 as 'No men wanted' signs swiftly appeared in shop and factory windows.
en: revenu net
payroll
noun
A list of a company's employees and the amount of money they are to be paid.
Example: The net margin ratio shows the impact of PAYROLL costs on total sales.
en: traitement et salaire
receipt
noun
A written or printed statement acknowledging that something has been paid for or these goods have been received.
Example: Photoprint could still argue that the RECEIPT and the consistent course of dealing were constitutive of incorporation.
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