Glossary 

It is the nature of business to shorten names and titles to acronyms and to have an ever-increasing number of terms which might puzzle the uninitiated. This page offers some definitions of commonly used acronyms and terms.
OECD
PFI
OEM / OEMs
PPP
PCAOB
Prospective reporting


OECD

Organisation for Economic Co-operation and Development

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OEM / OEMs

Original equipment manufacturer(s)

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PCAOB

Public Company Accounting Oversight Board. A product of the Sarbanes- Oxley Act and nurtured into maturity by the SEC in the US. Created in the wake of scandals such as WorldCom and Enron.

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PFI

Private finance initiatives

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PPP

Public private partnership

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Prospective reporting

Where permitted, assisting clients with the preparation, due diligence or attestation required as part of a process to obtain financing.

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