- •Part I. Lesson 1
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: what is economics?
- •III. Retell the text according to the following questions:
- •VIII. Look at the statements. Say if they are true or false:
- •IX. Fill in the gaps, using the following words: economy, economist, economic, economics, economise, economical.
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Read and remember some English idioms useful for businessmen:
- •Lesson 2
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: the functions of every economic system
- •Give English equivalents of the following words:
- •Read and translate the sentences paying attention to the functions of the Infinitive:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Change the sentences into the Passive voice:
- •Open the brackets using the Present Indefinite Tense in the Passive voice:
- •Translate the following extract in written form:
- •Read the text and explain its main idea.
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson з
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: business. Forms of business
- •III. Retell the text according to the following questions:
- •Make a translation of such words and word-combinations:
- •Fill in the blanks with appropriate words:
- •Translate into English:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Read and remember some English idioms useful for businessmen:
- •Lesson 4
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: marketing
- •III. Retell the text according to the following questions:
- •Make up sentences.
- •VII. Fill in the blanks with appropriate words:
- •VIII. Ask for your friend's opinions concerning the following statements:
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •X. Translate the sentences into English in written form:
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Supply and demand
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 5
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: exchanges
- •III. Retell the text according to the following questions:
- •VII. Translate from Ukrainian into English:
- •Match the word on the left with the statement on the right:
- •IX. Make up sentences.
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the questions:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 6
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: accounting and bookkeeping
- •III. Retell the text according to the following questions:
- •VII. Match the word on the left with the statement on the right;
- •VIII. Choose the best alternative to complete the sentence:
- •IX. Match the questions with the answers:
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the following question:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 7
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: auditing
- •III. Retell the text according to the following questions:
- •VI. Translate from English into Ukrainian. Replace the Infinitives in brackets by the Past Indefinite or the Past Perfect:
- •VII. Match the questions with the answers:
- •VIII. Read and translate jokes:
- •IX. Match the word on the left with the statement on the right:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •XII. Read the text and answer the following question:
- •Who is auditor?
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 8
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: management and manager
- •III. Retell the text according to the following questions:
- •VI. Translate the sentences paying attention to the different ways of comparison in the following patterns:
- •VII. Match the word on the left with the statement on the right:
- •VIII. Fill gaps with prepositions where necessary. Translate the sentences:
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •X. Translate into English.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the question:
- •Management
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 9
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: banks
- •III. Retell the text according to the following questions:
- •VI. Choose the best alternative to complete the sentences:
- •VII. Translate into Ukrainian paying attention to the use of different types of conditional sentences:
- •Match the words with the correct definition from the list below.
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Look through the excerpt and then fill the spaces with necessary words. Translate the text into Ukrainian.
- •XII. Read the text and answer the questions:
- •Bank organization
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 10
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: different companies
- •Translate the sentences paying attention to different functions of the Infinitive:
- •Speak on the situations:
- •VIII. Read and translate the meanings of the following terms. Translate the sentences with them.
- •IX. Translate into English:
- •X. Fill the blanks with the correct words:
- •Translate the following extract in written form:
- •Read the text and answer the question:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 11
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: negotiable instruments
- •VII. Read and translate the following conditional sentences:
- •VIII. Choose the best alternative to complete each sentence:
- •IX. Fill the blanks with necessary words. Translate the sentences into Ukrainian.
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions.
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 12
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: statistics
- •III. Retell the text according to the following questions:
- •VI. Translate the sentences from Ukrainian into English.
- •VII. Read and translate the meanings of the following terms. Translate the sentences with them.
- •VIII. Translate the following extract in written form:
- •IX. Translate the sentences into Ukrainian:
- •X. Read and translate the sentences with the emphatic construction:
- •XI. Translate the sentences. Pay attention to the singular and plural forms of the underlined nouns:
- •XII. Read the text and answer the questions.
- •Statistics for all
- •XIII. Read and remember some English idioms useful for businessmen:
- •Text 2 prices
- •Text 3 the structure of a company
- •Text 4 advertising
- •Text 5 money
- •Text 6 hryvnya
- •Text 7 bookkeeping
- •Text 8 why management is needed
- •Text 9 managing director
- •Text 10 requirements for obtaining a loan
- •Text 11 banks
- •Text 12 accounting
- •Text 13 auditing
- •Text 14 special terms
- •Text 15 accounts
- •Text 16 micro-and macroeconomics
- •Text 17 the banking history
- •Text 18 marketer's activities
- •Text 19 on money
- •Text 20 how money arose
- •Text 21 marketing strategy and planning
- •Text 22 the american economic system
- •Vocabulary
- •Contents
- •Part II. Supplementary reading
XII. Read the text and answer the following question:
What is the power of accounting?
What is the goal of accounting?
Accounting in the Information Age
Accounting is an information and measurement system that aims to identify, record, and communicate relevant, reliable, and comparable information about economic activities. It helps us better assess opportunities, products, investments, and social and community responsibilities. The power of accounting is in opening our eyes to new and exciting opportunities. The greatest benefits from understanding accounting often come to those outside of accounting. This is because an improved understanding of accounting helps us better compete in today's world.
There are both internal and external users of accounting. Some users and uses of accounting include: (a) management for controlling, monitoring, and planning; (b) lenders for measuring the risk and return of loans; (c) shareholders for assessing the return and risk in acquiring shares; (d) directors for overseeing management; and (e) employees for judging employment opportunities. Other users are auditors, consultants, officers, regulators, analysts, unions, suppliers, and appraisers.
The goal of accounting is to provide useful information for decision making. For information to be useful it must be trusted. This demands ethics and socially responsible behavior in accounting. Without these, accounting information loses its reliability.
Opportunities in accounting and related fields are numerous. They include traditional ones like financial, managerial, and tax accounting. They also include accounting-related fields such as lending, consulting, managing, and" planning. We can even identify nontraditional opportunities with accounting knowledge including careers as a community activist, political consultant, reporter, salesperson, union official, entrepreneur, programmer, engineer, and mechanic. There are millions of individuals employed in accounting and accounting-related fields.
XIII. Read and remember some English idioms useful for businessmen:
Cook the books - to falsify the accounts for a dishonest purpose; фальсифікувати рахунки.
Creditor side - the credit side of an account; кредит рахунку.
Catch someone off balance - to surprise someone; здивувати когось; заскочити когось.
Lesson 7
I. Read the following words and word combination and learn their meanings by heart:
Audit, auditing - аудит; an auditor - аудитор; an evaluation - оцінка; confidence - довір'я; a presentation - представлення; complete - повний, закінчений; exact - точний; reliable - надійний; departure - відхід, відхилення, відступ; judge - судити, суддя; fair - справедливий; to appoint - призначити; to approve - затверджувати; to link (with) - з'єднувати; joint-stock - акціонерний капітал; to run - управляти; running - управління; to entrust - довіряти; staff - персонал; assurance - гарантія; prevention - запобігання; a fraud - шахрайство; an investigation - розслідування, дослідження; an error - помилка, огріх.