
- •Unit 1. Basic terms text 1.1 Money and income
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts Currency
- •Personal finance
- •Answer the following questions
- •V. Complete the sentences with words from the box. Look at the texts to help you
- •Теxt 1.2 Business finance
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts Capital
- •Revenue
- •Financial statement
- •Answer the following questions
- •IV. Complete the crossword. Use the texts to help you
- •V. Do the following assignment
- •VI. Test your English
- •Unit 2 accounting теxt 2.1 Accounting and accountancy
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts Accounting
- •Auditing
- •Laws, rules and standards
- •Answer the following questions
- •V. What type of work does each person do, and what is the name of each job?
- •VI. Match the two parts of the sentences
- •VII. Find verbs in the texts that can be used to make word combinations with the nouns below
- •VIII. Give extensive answers to the following questions
- •IX. Test your English
- •Теxt 2.2 bookkeeping
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the texts Double-entry bookkeeping
- •Day books and ledgers
- •Balancing the books
- •IV. Answer the following questions
- •V. Match the words in the box with the definitions below. Use the texts to help you
- •VI. Find pairs of words as they occur in the text
- •VII. Complete the sentences. Look at the texts to help you
- •VIII. Complete the sentences using “debit” or “credit”
- •IX. Think over the questions. Give extensive answers
- •X. Test your English
- •Теxt 2.3 accounting policies and standards
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the text
- •Valuation and measurement
- •Historical cost and inflation accounting
- •IV. Answer the following questions
- •VI. Are the following statements true or false? Find reasons for your answers in the text
- •VII. Complete the table with words from the text and related forms. Put a stress mark in front of the stressed syllable in each word. The first one has been done for you
- •VIII. Think it over and write a report
- •IX. Test your English
- •Теxt 2.4 accounting assumptions and principles
- •I. Practice the pronunciation of the following words
- •II. Read and memorize the following words and word-combinations
- •III. Read and translate the text assumptions
- •Principles
- •Answer the following questions
- •V. Match the accounting assumptions and principles (1-6) to the activities they prevent (a-f)
- •VI. Complete the sentences
- •VIII. Think it over and write a report
- •IX. Test your English.
- •Теxt 2.5 depreciation and amortization
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the text fixed assets
- •Valuation
- •Depreciation
- •IV. Answer the following questions
- •Match the words in the box with the definitions below
- •Math the nouns in the box with the verbs below to make word combinations. Then use some of the word combinations to complete the sentences below
- •Match the two parts of the sentences
- •Give extensive answers to the following questions
- •Test your English
- •Теxt 2.6 auditing
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the text
- •Internal auditing
- •External auditing
- •Irregularities
- •IV. Answer the questions
- •V. Match the job titles (1-4) with the descriptions (a-d). Use the text to help you
- •VI. Match the nouns in the box with the verbs below to make word combinations. Some words can be used twice
- •VIII. Give extensive answers to the following questions
- •IX. Тest your English
- •Unit 3. Financial statements теxt 3.1 The balance sheet
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the texts Assets liabilities and capital
- •Shareholders’ equity
- •IV. Answer the questions
- •V. Are the following statements true or false? Give reasons for your answers
- •VI. Complete the sentences. Look at the texts to help you
- •VII. Make word combinations using a word from each box. Then use the word combinations to complete the sentences below
- •VIII. Do the following task
- •XI. Test your English
- •Теxt 3.2 The balance sheet: assets
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the texts Fixed and current assets
- •Valuation
- •Tangible and intangible assets
- •IV. Answer the questions
- •V. Find words and expressions in the texts with the following meanings
- •VI. Match the two parts of the sentences. Look at the texts to help you
- •VII. Sort the following into current, fixed and intangible assets
- •VIII. Do the following task
- •IX. Test your English
- •Теxt 3.3 The balance sheet: liabilities
- •Practice the pronunciation of the following words
- •II. Read and memorize the following words and word-combinations
- •III. Read and translate the texts Liabilities
- •Accrued expenses
- •Shareholders’ equity on the balance sheet
- •IV. Answer the questions
- •V. Are the following statements true or false? Give your reasons
- •Теxt 3.4 the other financial statements
- •Practice the pronunciation of the following words
- •II. Read and memorize the following words and word-combinations
- •III. Read and translate the texts
- •The cash flow statement
- •Answer the questions
- •V. Which figure in each of the following pairs is higher for a profitable company? Look at the first text to help you
- •VI. Complete the text with words from the box. You will need to use each word more than once
- •VII. Would the following appear as operating, financing or investing activities on a cash flow statement? Look at the example below to help you
- •VIII. Think it over
- •IX. Test your English
- •Text 3.5 financial ratios 1
- •Practice the pronunciation of the following words:
- •Read and memorize the following words and word-combinations:
- •Read and translate the texts Types of financial ratio
- •Liquidity and solvency ratios
- •Earnings and dividends
- •IV. Answer the following questions
- •V. Find words with the following meanings
- •VI. Make word combination using a word from each box. One word can be used twice. Then use the word combinations to complete the sentences below. Look at the texts to help you
- •VII. Match the two parts of the sentences.
- •VIII. Over to you
- •IX. Test your English
- •Text 3.6 financial ratios 2
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts Profitability
- •Leverage
- •IV. Answer the following questions
- •V. Match the two parts of the sentences. Look at the texts to help you.
- •VI. Read the text and answer the questions below
- •VII. Over to you
- •VIII. Test your English
- •Теxt 3.7 cost accounting
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the texts direct and indirect costs
- •Fixed and variable costs
- •Breakeven analysis
- •Answer the questions
- •V. Match the words in the box with the definitions below. Look at a, b and c opposite to help you
- •VI. Sort the following into direct, indirect, fixed and variable costs. Look at a and b opposite to help you
- •VII. Which of the following statements describes:
- •VIII. Over to you
- •IX. Test your English a) Fill in the missing words in the terms below. Choose from the box.
- •Unit 4. Banking теxt 4.1 Financial institutions
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •Read and translate the texts
- •Specialized banks
- •IV. Answer the questions
- •Find words in the texts with the following meanings
- •Before financial deregulation, which types of financial institutions did these types of business?
- •VII. The extracts below are from websites. Which types of banks do the websites belong to?
- •VIII. Over to you
- •Test your English
- •Теxt 4.2 Money markets
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts The money markets
- •Common money market instruments
- •IV. Answer the questions
- •V. Are the following statements true or false? Find reasons for your answers in the texts
- •VI. Match the words in the box with the definitions below. Use the texts to help you.
- •VII. Match the two parts of the sentences. Look at the texts to help you
- •VIII. Over to you
- •Test your English
- •Unit 5. Economics and trade теxt 5.1 taxation
- •Practice the pronunciation of the following words
- •Read and memorize the following words and word-combinations
- •III. Read and translate the texts. Direct taxes
- •Indirect taxes
- •VIII. Find five verbs in the texts that can be used to make word combinations with ‘tax’
- •IX. Over to you
- •Test your English
- •Теxt 5.2 business plan
- •Practice the pronunciation of the following words:
- •Read and memorize the following words and word-combinations:
- •Read and translate the texts Market opportunities
- •The company, the product and the market
- •The financial analysis
- •IV. Answer the questions
- •V. Make word combinations using a word from each box. Then use the word combinations to complete the sentences below. Look at the texts to help you.
- •VI. Complete the sentences. Use the texts to help you
- •VII. Use the words below to make word combinations with ‘market’ that have appeared in this book. Then sort the word combinations: which are concerned with finance and which with marketing?
- •VIII. Over to you
- •Test your English
- •Список використаної літератури
- •Про автора
- •Фахова англійська мова
- •18000, М. Черкаси, вул. Смілянська, 2
МІНІСТЕРСТВО ОСВІТИ І НАУКИ УКРАЇНИ
ЧЕРКАСЬКИЙ ДЕРЖАВНИЙ БІЗНЕС-КОЛЕДЖ
С.В. УСТИЧЕНКО
ФАХОВА АНГЛІЙСЬКА МОВА
для спеціальностей напряму підготовки «Облік і аудит»
Навчальний практикум
Черкаси 2013
Видання здійснено за фінансової підтримки громадської організації «Рада батьків Черкащини»
УДК 811.111
Рекомендовано до друку рішенням Розповсюдження та
методичної ради Черкаського тиражування без офіційного
державного бізнес-коледжу дозволу ЧДБК заборонено
Протокол № 3 від 6 грудня 2013 р.
Укладач: Устиченко С.В.
Фахова англійська мова
для спеціальностей напряму
підготовки „Облік і аудит”
Навчальний практикум
Черкаси, 2013 р.– 112 с.
Рецензент: Багач І.Г. – к.пед.н., доцент кафедри романо-германської філології Черкаського державного технологічного університету
Навчальний практикум передбачає розвиток навичок роботи з фаховою літературою та оволодіння професійною лексикою зі спеціальностей: «Облік і аудит», «Бухгалтерський облік».
Практикум складається з автентичних текстів, комплекту вправ та тестових завдань для самостійної роботи.
Розраховано на студентів вищих навчальних закладів I – II рівня акредитації і всіх тих, хто бажає підвищити свій рівень володіння мовою в сфері бухгалтерського обліку та аудиту.
Затверджено на засіданні циклової
комісії іноземних мов
Протокол № 4 від 27 листопада 2013 р. © С.В. Устиченко, 2013
ЗМІСТ
ВСТУП 4
UNIT 1. BASIC TERMS 5
1.1 Money and Income 5
1.2 Business Finance 10
UNIT 2. ACCOUNTING 15
2.1 Accounting and Accountancy 15
2.2 Bookkeeping 20
2.3 Accounting Policies and Standards 25
2.4 Accounting Assumptions and Principles 31
2.5 Depreciation and amortization 36
2.6 Auditing 41
UNIT 3. FINANCIAL STATEMENTS 47
3.1 The Balance Sheet 47
3.2 The Balance Sheet: Assets 52
3.3 The Balance Sheet: Liabilities 58
3.4 The other financial statements 63
3.5 Financial Ratios 1 69
3.6 Financial Ratios 2 75
3.7 Cost accounting 80
UNIT 4. BANKING 87
4.1 Financial Institutions 87
4.2 Money Markets 93
UNIT 5. ECONOMICS AND TRADE 98
Taxation 98
Business Plan 104
СПИСОК ВИКОРИСТАНОЇ ЛІТЕРАТУРИ 110
Вступ
Навчальний практикум призначено для вивчення фахової англійської мови студентами бакалаврського рівня за напрямом «Облік і аудит» у вищих навчальних закладах I – II рівня акредитації.
Посібник складається з 19 спеціалізованих текстів із завданнями, тематика та характер яких забезпечують накопичення у студентів фахової термінології у сфері бухгалтерського обліку та аудиту, а також удосконалення навичок читання та мовлення у межах професійної тематики.
Мета навчального практикуму – розвиток навичок розуміння й аналізу оригінальних текстів за фахом, нагромадження словникового запасу, удосконалення навичок розмовної мови. Цій меті підпорядковано структуру завдань: студент має засвоїти нові слова та словосполучення, читаючи та перекладаючи запропонований текст, виконуючи ряд лексико-граматичних вправ та вправ тестового спрямування. До текстів пропонуються дотекстові вправи на подолання фонетичних труднощів, коментар, лексичні вправи та завдання на відпрацьовування мовленнєвих навичок і вмінь використання лексичного матеріалу. Це вправи на словотворення, перефразування, тлумачення окремих термінів, виконання та аналіз практичних завдань, відповіді на запитання до тексту та висловлювання своєї думки. У кінці кожного тексту пропонуються тести, спрямовані на закріплення вивченого матеріалу та активізації самостійної роботи студентів.
Тексти сприяють розвитку навичок читання, перекладу фахової літератури, говоріння, та несуть у собі необхідну інформацію в області бухгалтерського обліку та аудиту.
Unit 1. Basic terms text 1.1 Money and income
Practice the pronunciation of the following words
currency, euros, deposits, organizations, theory, salary, wages, agents, percentage, bonus, target, electricity, mortgage, injuries, finance (n/v), income, employer, lawyers, regularly, insurance.
Read and memorize the following words and word-combinations
currency – валюта;
coins – монети, розмінні монети;
bank deposit – банківський вклад;
bank account – банківський рахунок;
to exist in the form of cash – існувати у формі готівки;
bill – рахунок; документ;
to include – містити в собі, охоплювати, включати;
salary – платня, плата, оклад;
wages – заробітна плата;
overtime – понаднормово, понаднормові години;
to meet a target – досягати цілі;
social security – соціальний захист;
to spend money on everyday needs – витрачати гроші на щоденні потреби;
outgoings – поточні витрати, постійні (регулярні) витрати;
living expenses – витрати на утримання;
mortgage – застава нерухомого майна; іпотечний кредит; іпотека;
health insurance – медичне страхування;
medical expenses for sickness – витрати на лікування хвороби;
tax – податок;
to earn money – заробляти гроші;
to be called – називатися;
welfare – добробут, достаток;
to increase – зростати, збільшувати(ся);
to get paid – оплатити.
III. Read and translate the texts Currency
The money used in a country – euros, dollars, yen, etc. – is its currency. Money in notes (banknotes) and coins is called cash. Most money, however, consists of bank deposits: money that people and organizations have in bank accounts. Most of this is on paper – existing in theory only – and only about ten per cent of it exists in the form of cash in the bank.
BrE: note or banknote; AmE: bill.
Personal finance
All the money a person receives or earns as payment is his or her income. This can include:
a salary: money paid monthly by an employer, or wages: money paid by the day or the hour, usually received weekly
overtime: money received for working extra hours
commission: money paid to salespeople and agents – a certain percentage of the income the employee generates
a bonus: extra money given for meeting a target or for good financial results
fees: money paid to professional people such as lawyers and architects.
social security: money paid by the government to unemployed and sick people
a pension: money paid by a company or the government to a retired person.
Salaries and wages are often paid after deductions such as social security charges and pension contributions.
Amounts of money that people have to spend regularly are outgoings. These often include:
living expenses: money spent on everyday needs such as food, clothes and public transport
bills: requests for the payment of money owed for services such as electricity, gas and telephone connections
rent: the money paid for the use of a house or flat
a mortgage: repayments of money borrowed to buy a house or flat
health insurance: financial protection against medical expenses for sickness or accidental injuries
tax: money paid to finance government spending.
A financial plan, showing how much money a person or organization expects to earn and spend is called a budget.
BrE: social security; AmE: welfare;
BrE: flat; AmE: apartment.
Planned monthly budget for next year (€) |
|||
|
|||
Income |
|
Outgoings |
|
Salary (after deductions) |
3,250 |
Rent |
900 |
Commission (average) |
600 |
Bills |
250 |
|
|
Living expenses |
1,200 |
|
|
Health insurance |
130 |
|
|
Tax |
800 |
Total |
3,850 |
Total |
3,280 |