D Debits and Credits Debits and credits are used to record financial transactions. Debit is the left side of an account. Credit is the right side of an account. Using the acronym...

E Earnings Earnings are the net income or net profit of a company. Earnings per share Earnings per share or EPS is a financial measure of a company's profitability. The EPS...

F FASB See Financial Accounting Standards Board. FDIC See Federal Deposit Insurance Corporation. Federal Deposit Insurance Corporation The Federal Deposit Insurance...

G GAAP See generally accepted accounting principles. Generally accepted accounting principles Generally accepted accounting principles (GAAP) are the financial reporting standards...

H HLOOKUP The HLOOKUP function is an Excel function that retrieves data from a specific row in a table in Excel. HLOOKUP supports approximate and exact matching, and wildcards (*...

I IASB See International Accounting Standards Board. IFRS See International Financial Reporting Standards. Income Statement The income statement is one of the...