Acronyms P-Z

Question 1

PAF

Answer 1

Professional Accounting Fellow
(SEC fellowship)

Question 2

PAJE

Answer 2

Proposed Adjusting Journal Entry

Question 3

PBC

Answer 3

Prepared by Client

Question 4

PCAOB

Answer 4

Public Company Accounting Oversight Board

Question 5

Pillar

Answer 5

P - Passion for Excellence
I - Integrity
L - Lifetime Learning
L - Leading by Example
A - Accountability
R - Respect

Question 6

PPC

Answer 6

Practitioners Publishing Company
(publisher of web-based news and information)

Question 7

PPG

Answer 7

Professional Practice Group

Question 8

PPI

Answer 8

Producer Price Index

Question 9

PTO

Answer 9

Paid Time Off

Question 10

PWS

Answer 10

Personal Wealth Services

Question 11

QC

Answer 11

Quality Control

Question 12

R&D

Answer 12

Research & Development

Question 13

R&E

Answer 13

Research & Experimentation
(related to Research Credit Group)

Question 14

RCD

Answer 14

Royalty Compliance Division
(Royalty Compliance Group)

Question 15

RCG

Answer 15

Research Credit Group

Question 16

RCO

Answer 16

Royalty Compliance Organisation
(London Affiliate of Royalty Compliance Group)

Question 17

RCS

Answer 17

Report Control Sheet

Question 18

REL

Answer 18

Restricted Entities List

Question 19

RFP

Answer 19

Request for Proposal

Question 20

RIA

Answer 20

Research Institute of America

Question 21

RSMC

Answer 21

Regulated Services Management Committee

Question 22

SALT

Answer 22

State and Local Tax

Question 23

SBA

Answer 23

State Board of Accountancy

Question 24

SCORE

Answer 24

Systems Control & Operations Risk Evaluation

Question 25

SEC

Answer 25

Securities and Exchange Commission

Question 26

SEC/CF

Answer 26

SEC/Corporate Finance Group (service group)

Question 27

SECPS

Answer 27

Security and Exchange Commission Practice Section

Question 28

SEP

Answer 28

Simplified Employee Pension Plan

Question 29

SFAS

Answer 29

Statement of Financial Accounting Standards

Question 30

SIN

Answer 30

Securities and Insurance Service Niche
(now Financial Services Group)

Question 31

SL

Answer 31

Staff Level

Question 32

SMAC

Answer 32

Sales and Marketing Advisory Committee

Question 33

SMAG

Answer 33

Social Media Advisory Group

Question 34

SMT

Answer 34

Sales and Marketing Team

Question 35

SOX

Answer 35

Sarbanes-Oxley Act of 2002

Question 36

SPD

Answer 36

Summary Plan Description

Question 37

STEP

Answer 37

Specific Transitions Event Program

Question 38

SYRAN

Answer 38

Symptomatic Risk Analysis (finanical institutions)

Question 39

T&D

Answer 39

Training & Development

Question 40

TAIS

Answer 40

Tangible Asset Incentive Services

Question 41

TCE

Answer 41

The Competitive Edge
(our firm’s strategic plan)

Question 42

TERA

Answer 42

Transportation Expense Reimbursement Account

Question 43

TIN

Answer 43

Trust Identification Number

Question 44

TRCL

Answer 44

Tax Return Control Log (pronounced “turkle”)

Question 45

TSA

Answer 45

Tax Sheltered Annuity

Question 46

TSG

Answer 46

Tax Specialty Group

Question 47

TSKM

Answer 47

Turnquist, Schmitt, Kitrosser, and McMahon
(former name of San Diego office)

Question 48

UNICAP

Answer 48

Uniform Capitalization (inventory management)

Question 49

VALUES

Answer 49

V - Value
A - Ask
L - Listen
U - Understand
E - Empower
S - Serve

Question 50

VAS

Answer 50

Value-Added Services

Question 51

WIP

Answer 51

Work-inProgress

Question 52

WSCPA

Answer 52

Washington Society of Certified Public Accountants

Question 53

XBRL

Answer 53

Extensible Business Reporting Language

Question 54

Y&M

Answer 54

Yergen & Meyer (merged offices in Portland and Medford)