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Anonymous Posted 13 years ago
Business & Finance

Capitalization of accounting terms

I am helping a local group proofread their accounting practices manual and they have capitalized almost every accounting term at some point in the manual but then in other places they have used lower case for terms such as "Balance Sheet" Cash Flow Statement, Annual Percentage Rate, Period Interest Rate, and Effective Annual Rate. I know these should be capitalized if used in a title or a heading in the document and maybe even on first usage with the acronym in brackets (for example, Annual Percentage Rate (APR)) but thereafter the term should be lower case I think. I guess they also should be capitalized if directly referring to a line on a tax/business form such as "Current Assets" etc. Is there any convention about this and if so where can I get a copy.
  

Top answer

There does not seem to be a comprehensive stylebook for accounting. The Chicago Manual of Style is a standard manual for American writing. Specialists like accountants tend to capitalize everything in sight when they write about their specialty.

  • There does not seem to be a comprehensive stylebook for accounting.
  • The Chicago Manual of Style is a standard manual for American writing.
  • Specialists like accountants tend to capitalize everything in sight when they write about their specialty.
  • Rein them in.
  • You seem to be approaching the matter sensibly.
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1 Answers
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There does not seem to be a comprehensive stylebook for accounting. The Chicago Manual of Style is a standard manual for American writing.

Specialists like accountants tend to capitalize everything in sight when they write about their specialty. Rein them in. You seem to be approaching the matter sensibly. In the absence of guidelines, I suggest you proceed as you are going, referr

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