- •Міністерство фінансів України Український державний університет фінансів та міжнародної торгівлі Кафедра іноземних мов
- •Unit 1 the double-entry system: the basic method of accounting
- •I. Read the following terms. Try to memorize them and use in your speech.
- •II. Consider the title. What do you know about the topic? Read the text to find out:
- •VII. Find in the text English equivalents to the following words and word combinations.
- •VIII. Translate the following sentences in English.
- •Unit 2 the types and the titles of accounts
- •I. Read the following terms. Try to memorize them and use in your speech.
- •II. What types of accounts do you know? Read the text to find out what sort of accounts different companies have.
- •III. Which of the following statements are correct?
- •IV. Reread the text to find out which of its paragraphs deals with:
- •V. Use the information from the text to complete the sentences.
- •VI. Answer the following questions.
- •VII. Find in the text English equivalents to the following words and word combinations.
- •VIII. Translate the following sentences in English.
- •IX. Read the text about the origin of the ledger. Answer the following questions: - What did you learn about the main book of accounts and its origin?
- •The ledger – the main book of accounts
- •Unit 3 financial accounting
- •I. Read the following terms. Try to memorize them and use in your speech.
- •II. Read the text through to find out the main differences between accounting reports and management accounting reports.
- •III. Which of the following statements are correct?
- •IV. Reread the text to find out which of its paragraphs deals with:
- •V. Here are some sentences that make up the second paragraph of the text. Put them in the right order.
- •VI. Answer the following questions.
- •VII. Find in the text English equivalents to the following words and word combinations.
- •VIII. Translate the following sentences in English.
- •IX. Are there any differences between book-keeping and accounting?
- •Book-keeping or accounting?
- •Unit 4 management accounting
- •I. Read the following terms. Try to memorize them and use in your speech.
- •II. Read the text to find out what sort of information management accountants need to do their work properly.
- •III. Which of the following statements are correct?
- •IV. Reread the text to find out which of its paragraphs deals with:
- •V. Match the two parts to make a correct sentence about management accounting according to the text.
- •VI. Answer the following questions.
- •VII. Make up sentences using the following words.
- •VIII. Find in the text English equivalents to the following words and word combinations.
- •IX. Translate the following sentences in English.
- •Contents
VII. Find in the text English equivalents to the following words and word combinations.
повідомляти інформацію
звіт фінансового обліку
щорічно
двічі на рік
досягнені результати
оцінювати фінансовий стан бізнесу
Загальноприйняті принципи бухгалтерського обліку
Міжнародні стандарти бухгалтерського обліку
VIII. Translate the following sentences in English.
1. Документи фінансового обліку рідко містять прогнозуючу інформацію, як правило, вони відображують вже досягнені результати.
2. Бухгалтерські звіти містять важливу для керівництва інформацію за умови, що вони готуються з урахуванням загальноприйнятих бухгалтерських стандартів.
3. В той час як звіти фінансового обліку складаються щорічно або двічі на рік, звіти управлінського обліку складаються щомісячно.
4. Фінансовий облік має справу з обліковою інформацією, яка не лише використовується внутрішньо менеджерами, але й повідомляється за межі організації уряду, банкам, службовцям тощо.
5. Звіти фінансового обліку надають загальну інформацію про фінансовий стан компанії.
IX. Are there any differences between book-keeping and accounting?
Read the following text to find out more differences between book-keeping and accounting.
Book-keeping or accounting?
What is the difference between book-keeping and accounting, book-keeper and accountant?
Some people confuse a book-keeper with an accountant and book-keeping with accounting. Meanwhile the distinction between them is significant enough. Book-keeping is one of the minor parts of the whole of accounting. It can be defined as the procedure used in recording business transactions. Book-keeping is justly said to require only minimal knowledge of accounting. In fact, it is the routine and clerical side of accounting. A book-keeper is known to record the repeated and uncomplicated transactions of business. In contrast the accountant is a professional who is competent in analysing accounting information, systems design and financial advising.
To put it differently, an accountant should be particularly interested in the relationship between the financial results and events which have created them. Apart from that he is believed to study the various alternatives open to the business. In a word, he is thought to use accounting experience to help the management in decision-making. As a rule, there are two essential questions that the managers or owners of a business want to know: first, whether or not the business is operating successfully; second whether or not the business will be able to meet its commitments. Therefore, the accountant’s role in business activity is difficult to overestimate. As for the book-keeper, his function is that of a clerk working in a finance department. A person might become a proficient book-keeper
in a few weeks or months. To become a professional accountant, however, is a far greater challenge. It requires years of study, experience and an ongoing commitment to keeping current.