List of Abbreviations
AAA American Accounting Association
AICPA American Institute of Certified Public Accountants
AIS Accounting Information system
AISG Accountants International Study Group
ALPM Automatic Ledger Posting Machines
APB Auditing Practices Board
ARF Asset Reconstruction Fund
ASB Accounting Standards Board
ATM Automated Teller Machines
BCBS Basle Committee on Banking Supervision
BE Break-Even
BMV Bolsa Mexicana de Valores stock exchange
BPE Business per Employee
BSR Committee on Banking Sector Reforms
BTS Bank Transparency Score
CA Cost Accounting
CASA Current Account, Savings Account
CBS Core Banking Solutions
CFMS Centralized Funds Management System
CFS Committee on Financial Systems
CICA Canadian Institute of Chartered Accountants
CPA Certified Public Accountant
CRAR Capital to Risk Weighted Assets Ratio
CRR Cash Reserve Ratios
CVP Cost-Volume-Profit
ECS Electronic Clearing Services
EFT Electronic Fund Transfer
EPS Earnings per Share
ERP Enterprise Resource Planning
EY Earning Yield
FA Financial Accounting
FAF Financial Accounting Foundation
FASB Financial Accounting Standards Board
FFS Fund Flow Statement
FRS Financial Reporting Standard
FSB Financial Standard Board
GAAP General Accepted Accounting Principles
GASB Governmental Accounting Standards Board
GATS General Agreement on Trade in Services
GDP Gross domestic product
GOI Government of India
HRD Human Resource Development
IAS International Accounting Standards
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List of Abbreviations
IASB International Accounting Standards Board
IASC International Accounting Standard Committee
ICAEW Institute of Chartered Accountants of England & Wales
ICAI Institute of Chartered Accountants of India
ICICI Industrial Credit and Investment Corporation Of India
IDRBT Institute for Development Research in Banking Technology
IFRIC International Financial Reporting Interpretations Committee
IFRS International Financial Reporting Standard
IGAAP Indian Generally Accepted Accounting Principles
INFINET Indian Financial Network
IOS International Organization for Standardization
IOSCO International Organization of Securities Commission
IRDA Insurance Regulatory and Development Authority
IT Information Technology
JSE Johannesburg Stock Exchange
KMP Key Management Personnel
LABs Local Area Banks
MA Management Accounting
MCA Ministry of Corporate Affairs
MF Mutual Funds
MICR Magnetic Ink Character Recognition
MOU Memorandum of Understanding
MPS Market Price per Share
NABARD National Agriculture and Rural Development Bank
NACAS National Advisory Committee on Accounting Standards
NASDAQ National Association of Securities Dealers Automated Quotation
NC-I Narasimham Committee-I
NDS Negotiated Dealing System
NPA Non-Performing Assets
NYSE New York Stock Exchange
OECD Organization for Economic Co-operation and Development
PCARDB Primary Cooperative Agriculture and Rural Development Bank
PDO Public Debt Office
PE Private Equity
PKI Public Key Infrastructure
PPE Profit Per Employee
RBI Reserve Bank of India
ROA Return on Assets
ROE Return on Equity
RRB Regional Rural Banks
RTGS Real Time Gross Settlement System
SAC Standards Advisory Council
SBI State Bank of India
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List of Abbreviations
SCARDB State Cooperative Agriculture and Rural Development Banks
SCB Scheduled Commercial Banks
SEBI Securities and Exchange Board of India
SEC Securities and Exchange Commission
SFAC Statements of Financial Accounting Concept
SFMS Structured Financial Messaging Solution
SIC Standing Interpretations Committee
SLR Statutory Liquidity Ratio
SND Subordinated Notes and Debentures
SPNS Shared Payment Network Services
SSRN Social Science Research Network
SSS Securities Settlement System
SWIFT Society for Worldwide Interbank Financial Telecommunication
UCB Urban Cooperative Banks
WTO World Trade Organization
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