Abbreviation Full Designation (1) AcSB Accounting Standards Board (2) IFRS (3) CPA (4) IASB Match...

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Accounting

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Abbreviation Full Designation (1) AcSB Accounting Standards Board (2) IFRS (3) CPA (4) IASB Match each definition with its related term or abbreviation by entering the appropriate letter in the space provided. Term or Abbreviation Definition _(1) OSC (2) Audit (3) Sole proprietorship (4) Corporation _(5) Accounting (6) Accounting entity (7) Audit report (8) Publicly traded _(9) Partnership (10) AcSB (11) CPA (12) Unit of measure (13) IFRS A. A system that collects and processes financial information about an organization and reports that information to decision makers B. Measurement of information about an entity in terms of the dollar or other national monetary unit C. An unincorporated business owned by two or more persons D. The organization for which financial data are to be collected (separate and distinct from its owners) E. An incorporated entity that issues shares as evidence of ownership F. An examination of the financial reports to ensure that they represent what they claim and conform with international financial reporting standards G. Chartered professional accountant H. An unincorporated business owned by one person I. A report that describes the auditor's opinion of the fairness of the financial statement presentations and the evidence gathered to support that opinion J. Ontario Securities Commission K. Accounting Standards Board L. A company with shares that can be bought and sold by investors on established stock exchanges M. International Financial Reporting Standards

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