The Chartered Institute of Management Accountants

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Accounting acronyms and abbreviations

Finance and business abbreviations and acronyms

We have collected together the meanings of some common finance and business acronyms and abbreviations. Many relate to institutions or post-nominals and links are given to relevant websites.

To open the list click on the first letter of the acronym you want to find.

If you cannot find what you are looking for or want to suggest an acronym for inclusion, please email us at tis@cimaglobal.com.

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Acronyms - S

SAC International Accounting Standards Advisory Council
SAS Statement of Auditing Standard
SBU Strategic business unit
SEC Securities and Exchange Commission
SEEPAD South Eastern European Partnership on Accountancy Development
SEM Strategic Enterprise Management
SFA Securities and Investment Board
SFAC Statement of Financial Accounting Concept (FASB)
SFAS Statement of Financial Accounting Standard (FASB)
SIBR Solicitors Investment Business Rules
SIC Standing Interpretations Committee of the International Accounting Standards Board.
SIP Society of Investment Professionals
SMA Society of Management Accountants of Canada
SME Small and medum-sized enterprise
SOP Statement of Position (AICPA)
SORP Statement of Recommended Practice
SPAC Society of Professional Accountants of Canada
SQC Smaller Quoted Companies
SRO Self-regulatory organisation
SSAP Statement of Standard Accounting Practice.
SWOT Strengths, weaknesses, opportunities and threats (SWOT analysis)