- •Accounting principles and concepts
- •Vocabulary list
- •1. Read and translate the text.
- •2. Answer the questions on the text:
- •3. Find English equivalents for the following Russian phrases from the text:
- •4. Say in a few words what the text is about. Use the following opening phrases:
- •Accountancy in a free-market economy
- •Vocabulary list
- •1. Read and translate the text.
- •2. Answer the questions on the text:
- •3. Find English equivalents for the following Russian phrases from the text:
- •4. Say in a few words what the text is about. Use the opening phrases given above.
- •Public and private accountants
- •Vocabulary List
- •Read and translate the text.
- •2. Answer the questions on the text:
- •3. Find English equivalents for the following Russian phrases from the text:
- •4. Say in a few words what the text is about Use the opening phrases given above.
- •Exercises
- •1. Work on vocabulary and grammar
- •Discussion
- •2. Read the dialogue, sum the its content using the phrases given below and act it out:
- •Accounting methods
- •3. Give extensive answers to these discussion questions:
- •4. Write a short paragraph, explaining:
- •5. Prepare a short talk on the following:
- •6. A company needs the chief accountant, who will:
- •7. Read the text that follows to find the answers to the following questions:
- •Financial statements and their elements
- •8. Read the text quickly and explain what "green accounting" is:
- •Auditing performing an audit
- •Vocabulary list
- •1. Read and translate the text.
- •2. Answer the questions on the text:
- •3. Find English equivalents for the following Russian phrases from the text:
- •4. Say in a few words what the text is about. Use the opening phrases.
- •Auditing in russia
- •Vocabulary list
- •Read and translate the text.
- •2. Answer the questions on the text:
- •3. Find English equivalents for the following Russian phrases from the text:
- •4. Say in a few words what the text is about. Use the opening phrases.
- •Exercises
- •1. Work on vocabulary and grammar
- •Auditors’ Report
- •Misuse of Public Funds
- •5. Fill each gap with a suitable word from the box. Sum up the text in 5-7 sentences and present your summary in class.
- •Independent Auditors' Report to the Board of Directors and Stockholders of ___ Company
- •6. Read the dialogue, translate the Russian remarks into English and act the dialogue out:
- •Discussion
- •Independent Auditor's Report
- •2. Read the dialogue, sum up its content and act it out:
- •3. Give extensive answers to these discussion questions:
- •4. Write several paragraphs on the following:
- •5. Prepare a short talk on the following:
- •6. Talk to professional auditors to find out what they think about their professional
- •Reading practice
- •Continuing professional education
- •Abbreviations
- •Literature
- •Contents
- •060500 «Бухгалтерский учет, анализ и аудит »
- •683003, Г. Петропавловск-Камчатский, ул. Ключевская, 35
Auditors’ Report
We have examined the books, accounts and vouchers relating ... the six months ended 30th September ... (year) which were presented ... us. We have made extensive enquiries ... the system of internal check ... force and are satisfied that it is working efficiently. Particular attention was paid to the methods in force for the authorization of accounts for payment and the handling ... cash. The cash balances ...the 30th September ... (year) were counted and found to be in accordance ... the cashier's books.
All bank payments have been verified with the bank statements and certificates of the balances on the accounts obtained ... the bankers.
We have checked all cash and bank payments ... the receipts and have to report that a number of small payments are unsupported ... vouchers. It has been possible, however, to obtain other evidence to show that these disbursements were properly made. The cash books have been cast and all postings ... the various ledgers checked ... detail.
All invoices ... respect of goods purchased and expenses incurred have been examined with the appropriate analysis of books, the totals of which have been checked. Several minor errors were detected which have not been rectified. The postings to the Creditors' Ledgers have been test-checked, being far too numerous to do in detail. The balances ... the individual Creditors' accounts have been compared with special audit statement obtained from them and found to be ... order. Our instructions did not require us to examine the Sales Ledgers and Day Books: we therefore report that in such work as we have performed we found no evidence or opportunity ... defalcation or fraud.
Words you may need:
voucher оправдательный денежный документ
authorization of accountsfor payment разрешение на осуществление
платежей со счетов
handling of cash использование наличности
cash balance остаток кассовой наличности
cashier's book журнал кассовых операций
bank statement выписка из счета
receipt квитанция
disbursements выплаты
cash book кассовая книга, журнал кассовых
операций
cast подсчитывать, исчислять, подводить
итоги
posting проводка
ledger бухгалтерская книга, бухгалтерский
регистр
expenses incurred понесенные расходы
detect обнаруживать
rectify исправлять
Creditors' Ledger книга кредиторов
test-check проверять с помощью теста
audit statement аудиторский отчет
Sales Ledger книга учета продаж
Day Book книга операций рабочего дня
Defalcation присвоение чужих денег
Fraud мошенничество, обман
Ex. 4.
a) Open the brackets putting the verbs in the correct form.
b) Discuss the content of the article.