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The ever-evolving nature of accountant and emphasis on professional accountability means that all busness professionals need to ensure they are up-to-date with the latest developments. This latest revision of CIMA's Official Terminology addresses this need defining relevant terms used in today's business environment. - Official Terminology clarifies the language of business to CIMA memebers and other professional accountants and is a useful glossary for CIMA students- It provides insight into current business techniques and practices for academic researchers- All the revisions in this extensively updated edition are based on the experiences of real management accountants, guaranteeing that each term accurately reflects what is happening in today's business world