Audit Trail
A chronological record of financial transactions that enables the tracing of transactions from their origin to their final disposition. This is crucial for transparency and accountability in financial management
Asset Management
The process of managing an organization’s investments to maximize returns and minimize risks. This includes managing stocks, bonds, real estate, and other assets
Asset Allocation
The process of dividing an investment portfolio among different asset classes, such as stocks, bonds, and cash equivalents, to achieve a desired risk-return profile. Asset allocation is a key component of portfolio management and risk management
Arbitrage
The practice of exploiting price differences in different markets to make a profit. In treasury, this could involve buying a financial instrument at a lower price in one market and selling it at a higher price in another
Annual Percentage Rate
The annual rate charged for borrowing or earned through an investment, expressed as a percentage of the principal. APR includes interest and any additional fees or charges associated with the loan or investment.
Amortization
The process of gradually paying off a debt, such as a loan or mortgage, through regular payments of principal and interest over time. Amortization schedules are used to track the repayment of debt and allocate payments between principal and interest
Accrual Accounting
An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. Accrual accounting provides a more accurate picture of a company’s financial performance than cash accounting
Accounts Payable
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit.
Account Receivable
The amount of money owed to a company by its customers for goods and services sold on credit.