List of Abbreviations [CA Final Audit Notes]
S No. Word Full Form
1 ABCD Account balance, classes of transactions & Disclosures
2 ACB Audit Committee Board
3 AOA Articles of Association
4 AR or A/R Audit Report
5 ASAP As soon as practicable
6 b/w between
7 CAiP CA in Practice
8 CBS Core Banking System
9 CCO Competence, Capability & Objectivity
10 CFS Consolidated Financial Statements
11 CHIA Chief Internal Auditor
12 COPU Committee on Public Undertakings
13 COT Class of Transaction
14 CSA Central Statutory Auditor
15 CY Current Year
16 DIM Design, Implementation & Maintenance
17 DP Drawing Power
18 ED Engg. Documentation
19 EEE Economy, Efficiency, Effectiveness
20 ELC External Legal Counsel
21 Engg. Engagement
22 EOE Estimate of Earnings
23 EOM Emphasis of Matter para
24 EP Engagement Partner
25 ERCV Existence, Rights & Obligations, Completeness, Valuation
26 ET Engagement Team
27 explns explanations
28 FAIS Forensic Accounting & Investigation Standards
29 FAP Further Audit Procedures
30 FCNR Foreign currency Non Resident a/c
31 FI Financial Institution
32 fn function
33 FR Financial Reporting
34 FRF Financial Reporting Framework
35 FRP Financial Reporting Process
36 FS Financial Statements
37 FV Fair Value
38 GAAP Generally Accepted Accounting Principles
39 GAM Group Accounting Manual
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40 GC Going Concern
41 GRN Goods Receipt Note
42 HO Head Office
43 IA Internal Audit/Auditor
44 IAAD Indian Audit & Accounts Dept
45 IC Internal Controls
46 ICFR Internal Controls over Financial Reporting
47 ILA Inherent Limitations of Auditing
48 Info. Information
49 IP Intellectual Property
50 ISA International Standards on Auditing
51 IT Information Technology
52 JE Journal Entry
53 JV Joint Venture
54 KAM Key Audit Matter
55 KMP Key Managerial Person
56 L&R or L/R Laws & Regulations
57 LAGS Loans, Advances in nature of Loans, Guarantees, Securities
58 LFAR Long Form Audit Report
59 mgt Management
60 MM Material Misstatement
61 MOA Memorandum of Association
62 MOM Month on Month
63 MU Material Uncertainty
64 MURG Material Uncertainty Related to Going Concern
65 NOCLAR Non Compliance with Laws & Regulations
66 NTE Nature, Timing & Extent
67 o/s Outside/Outstanding
68 OM Other Matters Para
69 OPSC Overall Presentation, Structure & Content
70 P&P Policies & Procedures
71 PA Principal Auditor
72 PAC Public Accounts Committee
73 PAI Prior Audit Issues
74 PD Public Deposits
75 PFFI Proforma Financial Information
76 PFI Prospective Financial Information
77 PM Performance Materiality
78 PO Purchase Order
79 PPFS Preparation & Presentation of Financial Statements
80 PRL Professional Standards, Regulatory & Legal Requirements
81 PY Previous Year
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82 QC Quality Control
83 RA Reasonable Assurance
84 RAP Risk Assessment Process/Procedures
85 recd received
86 RoMM Risk of Material Misstatement
87 RP Related Party
88 SAAE Sufficient & Appropriate Audit Evidence
89 SAI Supreme Audit Institution
90 SBA Statutory Branch Auditors
91 SCA Statutory Central Auditors
92 SCoTs Significant Classes of Transactions
93 SO Service Organisation
94 SP Sole Proprietor
95 SPF Special Purpose Framework
96 SPFS Special Purpose Financial Statements
97 spl Special
98 SRE Standard on Review Engagement
99 SRS Standards on Related Services
100 SSO Sub-Service Organisation
101 SSO Sub Service Organisation
102 std standards
103 t/o turnover
104 T/R Trade Receivables
105 TCWG Those charged with Governance
106 TM Tolerable Misstatement
107 TOC Test of Controls
108 TOD Test of Details
109 trfd Transferred
110 UDIN Unique Document Identification Number
111 w.r.t with respect to
112 WR Written Representation
If u come across any more short form, let me know via DM on Insta or mail to
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