Accounting Swear Words

Everyday Annoying, Irritating and Stress-Inducing Financial Terms

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We accountants are generally a placid, mild-mannered lot.

Soothed by spreadsheets. Calmed by credits. Reassured by reconciliations.

Aaaaah. Lovely.

So why then

  • is the Financial Controller rolling around on the board room floor with the Head of Marketing?
  • has the CFO got the IT Director in an arm lock up against the copier?
  • is there a serious stand off in Accounts Payable?
stressed accountant"Call that a reconciliation??!!"

It's Accounting Swear Words - those everyday accounting and office terms that are guaranteed to really, really, really annoy any accountant!

So, if you're new to Accountancy or have been invited to a meeting with the Financial Controller, or you're just planning to pass through the Finance Department,  don't put your foot in it!

We strongly suggest that you wise up on the words and phrases below.


Annoying Accounting Swear Words

Unsupported journals

Non-compliant

Idle banter

Marketing budget

Finance system

Claiming expenses

Lunch break

Suspense account

Unexplained difference

Leaving early

Salary raise

Adverse variance

Pay rise

Unreconciled

Tax

accounting innuendo

HMRC

Auditors

Repairs & Maintenance

IRS

Entertainment

Unauthorised entry

Loss

Paid Overtime

Qualified audit report

GRNI

Stock

WIP

Unmatched Purchase Order

Control weakness

Circular reference

Risk 

Stock Valuation

Notes to the Accounts

VAT


See also:  CFO Swear Words

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