Accounting

10 Accounting related words. terms

I want to work in an accounting firm later in life, so I'm building a glossary of 10 words.

Assets
Noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: W have to diversify our assets
fr: Actif
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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: Could you show e the balance sheet of ABC Inc ?
fr: Bilan
Balance sheet
Business
Noun
A commercial operation or company.
Example: I would like to invest in your business.
fr: Compagnie
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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: we have to use our capital to give dividend.
fr: Capital
Cash flow
Noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Example: Do we have a good cash flow to add a section
fr: Flux de trésorerie
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Ethics
Noun
Moral principles that govern a person's behavior or the conducting of an activity.
Example: An accountant have to have ethic and integrity.
fr: Éthique
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Financial return
noun
A measure of an investment's total interest, dividends and capital gains, expressed as a financial gain or loss over a specific timeframe
Example: What are the financial returns of that investment.
fr: Retour financier
Fiscally
adverb
In a way that relates to government revenue, especially taxes.
Example: The company is committed to operating fiscally responsibly, ensuring they stay within budget and make sound financial decisions
fr: Fiscalité
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Investors
noun
A person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Example: We have to find an investor to finance our project.
fr: Investisseur
investor
Tax return
noun
A form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess liability for tax.
Example: we have to file your tax returns papers
fr: Déclaration de revenue
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