V. What type of work does each person do, and what is the name of each job?

1. I record all the purchases and sales made by this department.

2. This month, I’m examining the accounts of a large manufacturing company.

3. I analyze the sales figures from the different departments and make decisions about our future activities.

4. I am responsible for preparing our annual balance sheet.

5. When the accounts are complete, I check them before they are presented to the external auditors.

VI. Match the two parts of the sentences

In Britain In most of continental Europe and Japan In the USA In Britain and the USA In much of continental Europe

accounting rules are established by a government agency. companies are mainly funded by shareholders or stockholders. accounting rules are set by an independent organization. the major source of corporate finance is banks. accounting rules are set by the government.

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

1. Is accounting in your country based on standards, rules, laws, or a mixture of these?

2. What accounting system do international companies in your country use?

IX. Test your English

Fill in the missing words in the sentences below. Choose from the box. You will need to use each word more than once

account accounts accountant accounting accountancy

1. Can you check that the figures have been entered correctly in the bank account ?

2. He’s at university studying _____________

3. The management of the company have not yet decided on their policies __________

4. A bookkeeper writes details of financial transactions in the_______

5. Most people in the profession read magazines and journals in order to stay informed.

6. She`s been working as an with this firm for several years now.

7. The directors of the company approve the at the end of the year.

8. The chief has completed the draft ______for this year.

9. Each branch maintains its own full system.

10. They have opened an for the consignment to Bombay.

11. ________ is really not an exact science.

12. A business manager needs some knowledge in order to understand what he reads in the company .

Key: 1Accounting

Теxt 2.2 bookkeeping

1. Practice the pronunciation of the following words

record (n/v), debt, separate, liabilities, substances, component, corresponding, increase (n/v), equal, journal, ledger, receivable, debtor, trial, transfer, enterprise, specified, equality, frequent, numerous