A
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ACCA |
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Association of Chartered Certified Accountants |
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ACFE |
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Association of Certified Fraud Examiners |
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ADIT |
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Advanced Diploma in International Taxation |
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AML |
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Anti-Money Laundering |
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Arm’s Length |
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The concept of an arm’s length transaction assures that both parties in the deal are acting in their own self-interest and are not subject to any pressure or duress from the other party. |
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B
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BEPS |
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Base Erosion & Profit Shifting |
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Blacklist |
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A list of selected tax havens or high-risk countries. |
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C
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CCCI |
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Cyprus Chamber of Commerce and Industry |
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CEE |
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Central & Eastern Europe |
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CFT |
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Counter Terrorist Financing |
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CRS |
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Common Reporting Standard |
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CTO |
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Cyprus Tourism Organization |
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CySEC |
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Cyprus Securities and Exchange Commission |
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D
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DTT |
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Double Tax Treaties |
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E
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EC |
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European Community |
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EMEA |
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Europe, Middle East and Africa region |
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ENR |
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Energy & Natural Resources. |
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EU |
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European Union |
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F
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FATCA |
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Foreign Account Tax Compliance Act |
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FATF |
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Financial Action Task Force |
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FOF |
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Forum of Firms |
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FS |
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Financial statements |
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G
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GAAP |
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Generally Accepted Accounting Principles |
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GAPP |
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Global Assignment Policies and Practices |
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GCC |
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Gulf Co-operation Council |
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I
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IAB |
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International Accounting Bulletin |
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IASB |
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International Accounting Standards Board |
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ICAEW |
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Institute of Chartered Accountants in England and Wales |
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ICPAC |
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Institute of Certified Public Accountants of Cyprus |
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IFAC |
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International Federation of Accountants |
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IFRS |
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International Financial Reporting Standards |
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IIA Cyprus |
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Cyprus Institute of Internal Auditors |
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IMF |
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International Monetary Fund |
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IP |
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Intellectual Property |
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ISA |
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International Standards on Auditing |
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IT |
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Information Technology |
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K
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KYC |
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Know Your Client |
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L
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LLC |
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Limited Liability Company |
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LLP |
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Limited Liability Partnership |
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LTD |
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Limited Company |
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M
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M&A |
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Mergers and Acquisitions |
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MOA |
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Memorandum of Agreement |
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O
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OECD |
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Organisation for Economic Co-operation and Development |
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P
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PE |
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Permanent Establishment |
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PLC |
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Public Limited Company |
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PPP |
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Public Private Partnership |
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S
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STEP |
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Society of Trust and Estate Practitioners |
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T
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TIC |
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Taxpayer’s Identification Code |
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TPG |
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Transfer Pricing Guidelines |
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TPR |
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Transfer Pricing Regulation |
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TPS |
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Transfer Pricing Studies |
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V
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VAT |
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Value Added Tax |