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Financial Accounting for Local and State School Systems, 2003 Edition

Account Classification Description
Quick Code Finder by Number/Category
Code Descriptions in Alphabetical Order

Table of Contents
Uses of Information
Governmental  Accounting
Financial Accounting
Cost Accounting and Reporting for Educational Programs
Activity Fund Guidelines
Summary of Account Code Changes and other Appendices
PDF File (1044 KB)

Frank Johnson
(202) 502-7362

Appendix C: Glossary of Acronyms

Included in this appendix are acronyms used throughout this handbook. Following the acronym is the definition.

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
CCDCommon Core of Data
ESOLEnglish for Speakers of Other Languages
FASB Financial Accounting Standards Board
FTEFull Time Equivalent
GAAPGenerally Accepted Accounting Principles
GASBGovernmental Accounting Standards Board
GFOA Government Finance Officers Association
GPFSGeneral Purpose Financial Statements
HVACHeating, Ventilating, and Air Conditioning
IRSInternal Revenue Service
MD&AManagement's Discussion & Analysis
NCESNational Center for Education Statistics
NFESNational Forum on Education Statistics
NPEFSNational Public Education Financial Survey
PCPersonal Computer
PPBProgram and Planning ("Programming") Budgeting
PTAParent-Teacher Association
PTOParent-Teacher Organization
RSIRequired Supplementary Information
SAS Statement of Accounting Standards
USDAUnited States Department of Agriculture
ZBBZero-Base Budgeting

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