Appendix E - Commonly Used Acronyms

Overview
E01 This table depicts the commonly used acronyms used throughout the chapters
in the AASM.
Acronyms Title or Term
Grant Thornton Individual Titles
NMP Advisory Services National Managing Partner of Advisory Services
NMP Audit Services National Managing Partner of Audit Services
NMP International National Managing Partner of International Client Services
NMP NPSG National Managing Partner of Professional Standards
NMP Risk Mgmt National Managing Partner of Audit Risk Management
PIC Ethics Partner-in-Charge of Ethical Standards
PIC Quality Partner-in-Charge of Practice Quality
PIC SEC Partner-in-Charge of SEC and Regulatory Matters
Grant Thornton Role Titles
APL Audit Practice Leader
OMP Office Managing Partner
PSP Professional Standards Partner
RMP Regional Managing Partner
NPPD National Professional Practice Director (formerly RPPS)
Grant Thornton Terms
AASM, Manual Audit and Assurance Services Manual
AP FYI Audit Practice For Your Information
APR Audit Practice Review
ASB Audit Services Bulletin
BAS Business Advisory Services
CAAM Component Auditor Assignment Memorandum
CAC Client Acceptance Committee
CEA Continuing Education Administrator
COSO Committee of Sponsoring Organizations of the Treadway
Commission
EPF Engagement Profile Factor
GEL Grant Thornton Electronic Library
GTAR Grant Thornton International Audit Review
GTI Grant Thornton International
GTSP Grant Thornton Sampling Plan
GTUS Grant Thornton LLP or Grant Thornton United States
IBC International Business Center
IT Information Technology
MPD Major Program Determination software
NDS New Developments Summary
NPSG National Professional Standards Group
PPB Professional Practice Bulletin
PSN Professional Standards Notification form
RRLA Risk, Regulatory, and Legal Affairs
SMS Subject Matter Specialist
SSM Summary of Significant Matters
VIEW Voyager – Implementing Effective audits Worldwide
VIS Voyager Information System
Accounting, Auditing, and Regulatory Industry Terms
AICPA American Institute of Certified Public Accountants
ARM Accounting Research Manager
AS Auditing Standard (PCAOB)
ASC Accounting Standards Codification
ASU Accounting Standards Update
CAAT Computer-Assisted Audit Technique
CPE Continuing Professional Education
EITF Emerging Issues Task Force
FASB Financial Accounting Standards Board
FBI Federal Bureau of Investigations
FDICIA Federal Deposit Insurance Corporation Improvement Act of
1991
GAAP Generally Accepted Accounting Principles
GAAS Generally Accepted Auditing Standards
IAASB International Auditing and Assurance Standards Board
IASB International Accounting Standards Board
IDEA Data Analysis Software
IFAC International Federation of Accountants
IFRS International Financial Reporting Standards
IRS Internal Revenue Service
ISA International Standards on Auditing
NAICS North American Industry Classification System
NYSE New York Stock Exchange
OCBOA Other Comprehensive Basis of Accounting
OTS Office of Thrift Supervision
PCAOB, Board Public Company Accounting Oversight Board
RSI Required Supplementary Information
SAS Statement on Auditing Standards
SEC, Commission U.S. Securities and Exchange Commission
SOX Sarbanes-Oxley Act of 2002
SSARS Statements on Standards for Accounting and Review
Services
TCWG Those Charged With Governance
TPA Technical Practice Aid
VIE Variable Interest Entity