Accounting, financial and entrepreneurial glossary
Are you a novice or non-expert entrepreneur? A small business owner? Then we’ve put together this glossary for you.
Simple, educational explanations of accounting and financial terms, as well as entrepreneurial concepts.
There’s no need to ask the wrong questions.
Don’t have any hang-ups, because before specialists knew, they were just like you: They knew nothing!
- Accounting period
- Accounting software
- Accounts payable
- Accounts receivable
- Accrual
- Accrual accounting
- Accrued Liability
- Advance Payment
- Aggregate Stop-Loss
- Annual Premium Equivalent
- Annual report
- Assets
- Average Daily Rate
- Balance sheet
- Bank reconciliation
- Basis of accounting
- Book value
- Capital
- Cash Flow
- Cash flow management
- Chart of Accounts
- Commercial invoice
- Cost of Goods Sold - COGS
- Cost of Sales
- Current liabilities
- Debt Ratio
- Direct Costs
- Earnings Stripping
- Equity Financing
- Equity in business
- Expenses
- Financial reporting
- Fixed Assets
- Free cash flow
- Gross Income
- Gross Profit Margin
- Income Tax
- Knowledge Capital
- K-Ratio
- Operating Cash Flow
- Operating Profit Margin
- Quick Ratio
- Turnover
- Working Capital Ratio
Disclaimer
This glossary is intended for entrepreneurs, business owners and small business owners.
The definitions are written by Finotor teams to meet the knowledge acquisition needs
These definitions are not exhaustive, and you may find more detailed definitions, more adapted or illustrated with more examples. The examples given should not be taken as a definitive answer. Each situation may call for a different interpretation or the intervention of a consultant.
Finotor does not provide accounting, financial, tax, commercial or legal advice.