| AcSEC | Accounting Standards Executive Committee |
| ADA | Average Daily Attendance |
| ADM | Average Daily Membership |
| AICPA | American Institute of Certified Public Accountants |
| APB | Accounting Principles Board |
| ASBO | Association of School Business Officials |
| CAFR | Comprehensive Annual Financial Report |
| CCD | Common Core of Data |
| ESOL | English for Speakers of Other Languages |
| FASB | Financial Accounting Standards Board |
| FTE | Full Time Equivalent |
| GAAP | Generally Accepted Accounting Principles |
| GASB | Governmental Accounting Standards Board |
| GFOA | Government Finance Officers Association |
| GPFS | General Purpose Financial Statements |
| HVAC | Heating, Ventilating, and Air Conditioning |
| IRS | Internal Revenue Service |
| K | Kindergarten |
| MD&A | Management's Discussion & Analysis |
| NCES | National Center for Education Statistics |
| NFES | National Forum on Education Statistics |
| NPEFS | National Public Education Financial Survey |
| PC | Personal Computer |
| PK | Pre-Kindergarten |
| PPB | Program and Planning ("Programming") Budgeting |
| PTA | Parent-Teacher Association |
| PTO | Parent-Teacher Organization |
| RSI | Required Supplementary Information |
| SAS | Statement of Accounting Standards |
| USDA | United States Department of Agriculture |
| ZBB | Zero-Base Budgeting |