The main calorimetric principles used in isothermal microcalorimetry are briefly discussed. Different chemical calibration and test reactions are discussed, with a focus on reactions suitable for ambient conditions: reactions initiated by mixing of liquids (including titration microcalorimetry), dissolution of solid compounds and of slightly soluble gases, a photochemical process, and thermal power signals released over an extended period of time. Guidelines on the use of standardized chemical test and calibration reactions in isothermal microcalorimetry are presented. A standardized terminology in reporting characteristics of isothermal microcalorimeters is proposed.