Abbreviations: A transcriber comes across quite a few Abbreviations and Acronyms. Mostly it’s easy to decipher as in CEO, which is spelled out clearly. But there are instances where instead of spelling out each and every letter speakers use a particular word to denote it.

e.g. RASM (Revenue per Available Seat Mile) is not spelled out R-A-S-M, but a single word ‘rasm’ is used.

For a transcriber who hasn’t got enough exposure might find this problematic. For this it is better to get conversant with the Abbreviations or Acronyms used in the business world.

It’s helpful for a transcriber or an editor to learn not only the full form, but the meaning of the term, especially in the case of industry specific abbreviations as one mentioned above. (RASM is a term used in the Aviation industry) 

Below I have compiled a list of some finance and business related abbreviations that you would come across transcribing. Hope it helps!

Abbreviations	Full Form
ARPU	Average Revenue per User
B2B	Business to Business
B2C	Business to Consumer
CAO	Chief Accounting Officer
CAGR	Compound Annual Growth Rate
CAPEX	Capital Expenditures
CDO	Collateralized Debt Obligation
CDS	Credit Default Swap
CEO	Chief Executive Officer
CFA	Chartered Financial Analyst
CFCT	Cash Flow Cycle Time
CFO	Chief Financial Officer
CFS	Consolidated Financial Statement
CIA	Certified Internal Auditor
CIF	Cost Insurance with Freight
CMO	Chief Marketing Officer
COB	Close of Business
COGS	Cost of Goods Sold
COO	Chief Operating Officer
CPA	Certified Public Accountant
CPP	Certified Payroll Professional
CSO	Chief Security Officer
CRM	Customer Relationship Management
CVP	Cost Volume Profit
CTO	Chief Technology Officer
C&F	Cost With Freight
EBIT	Earnings before interest and taxes
EBITDA	Earnings before Interest, Taxes, Depreciation, and Amortization
EDI	Electronic Data Interchange
EFTPOS	Electronic Funds Transfer at Point of Sale
EPS	Earnings per share
EXP	Export
FOB	Freight On Board
FIFO	First In, First Out
FL	Financial leverage
FP&A	Financial Planning & Analysis
GAAP	Generally Accepted Accounting Principles
GAAS	Generally Accepted Audit Standards
GFCF	Gross fixed capital formation
GRN	Goods Receipt Note
GP	Gross Profit
HR	Human Resources
ICB	Industry Classification Benchmark
ICRM	Innovative Customer Relationship Management
IE	Interest expense
IMP	Import
IPO	Initial Public Offering
LC	Letter of credit
LIBOR	London Interbank Offered Rate
LIFO	Last In, First Out
LLC	Limited Liability Company
MTD	Month-to-Date
MD&A	Management Discussion and Analysis
NAV	Net Asset Value
NCND	Non-Circumvent and Non-Disclosure
NDA	Non-Disclosure Agreement
NOA	Net Operating Assets
NOPAT	Net Operating Profit After Tax
NPV	Net Present Value
OPEX	Operational Expenditures
PMAC	Period Moving Average Cost
PO	Profit Objective
PO	Purchase Order
PP&E	Property, plant, and equipment
P&L	Profit and Loss
P/E	Price-to-earnings ratio
QTD	Quarter-to-Date
RE	Retained Earnings
RevPAR	Revenue Per Available Room
ROA	Return on assets
ROCE	Return On Capital Employed
ROE	Return on Equity
ROI	Return on Investment
ROIC	Return on Invested Capital
RONA	Return on net assets
ROS	Return on Sales
RR	Resource rent
R&D	Research and Development
SCM	Supply Chain Management
SG&A	Sales, General, and Administrative expenses
SIR	Stores Issuance Requisition
SIOP	Sales Inventory and Operations Plan
SIV	Structured Investment Vehicle
SOHO	Small Office/Home Office
SOX	Sarbanes-Oxley
TCO	Total Cost of Ownership
TSR	Total Shareholder Return
WACC	Weighted average cost of capital
WC	Working capital
YTD	Year-to-date
YOY	Year-Over-Year

The below mentioned links would be useful in getting the meaning and full form of new abbreviations and acronyms that you might come across. Acronym Finder    &    Abbreviations.com