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.

ACI

CFO

ACI

KPMG established the Audit Committee Institute (ACI) to help audit committee members keep pace with business issues relating to governance, audit, accounting and financial reporting. Since its inception in 1999, KPMG member firms have launched ACIs in 20 countries.

AML

Anti-money laundering

Basel II

International capital adequacy framework for deposit taking institutions (banks, etc)

CEO

Chief Executive Officer

CFO

Chief Financial Officer

CIO

Chief Information Officer

COO

Chief Operating Officer

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