Principles of Accounting: 02. Common Accounting Terms

Created by: HSI - Health & Safety Institute Top Author
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Last Updated 08/2025
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Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

Accounting jargon is a language all its own. If you're not familiar with the terminology, having an accounting-based conversation is virtually impossible. In this program, we'll help you learn to translate common financial terms so you can feel more comfortable interpreting and even engaging in corporate finance discussions. We'll go over four useful terms to give you a solid foundation for understanding and discussing company finances.

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