- •Передмова
- •An accounting overview
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following questions about accounting. Questions with asterisks (*) cannot be answered directly from the text.
- •2) Oral study.
- •V. Language study
- •1) Substitute appropriate terms for the italicized words or phrases in the sentences below.
- •2) Translate the sentences.
- •Unit 2 a balance sheet
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following questions about accounting.
- •2) Oral study.
- •V. Language study
- •1) Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
- •2) Translate the sentences.
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following questions about accounting.
- •2) Oral study.
- •V. Language study
- •1 )Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
- •2) Translate the sentences.
- •Unit 4 An annual report
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following questions about accounting.
- •2) Oral activity.
- •V. Language study
- •1) Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
- •2) Translate the sentences.
- •Overheads and their recovery
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following:
- •2) Oral activity.
- •V. Language activity
- •1) Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
- •2) Translate the sentences.
- •Unit 6 The auditing framework
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •Answer the following questions:
- •Say whether the following statements are true or false according to the text.
- •V. Language study
- •1) Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
- •2) Translate the sentences.
- •Unit7 Methods of depreciation
- •II. Reading
- •III. Word study
- •IV. Comprehension check
- •1) Answer the following:
- •Unit8 Funds: inflow and outflow
- •Reading
- •III. Word study
- •V. Language study
III. Word study
Study key terms.
1. accounting |
a. бухгалтерія |
2. sheet |
b. відомість |
3. liability |
c. боргове зобов’язання |
4. statement |
d. звіт |
5. debt |
e. борг |
6. value |
f. вартість |
7. asset |
g. актив |
8. equity |
h. пай |
9. equation |
i. рівняння |
10. stockholder |
j. акціонер |
IV. Comprehension check
1) Answer the following questions about accounting.
What is the final product of the accounting process?
What is a balance sheet?
Does the balance sheet provide financial information for a long period of time (for example, January to June 1993) or does it provide information for a specific point in time (for example, on June 30, 1993)?
What is the difference between assets and liabilities?
How is owners’ or stockholders’ equity determined?
6. How can the relationship between assets, liabilities, and owners’ equity be represented?
2) Oral study.
Discuss the following questions taking into account the subjects of your specialization.
Have you ever worked with a balance sheet? How did you make use of it?
Does the accounting equation always remain in balance? *Why or why not?
How can a business use a balance sheet? *As a manager, how would you find a balance sheet useful?
V. Language study
1) Look at the terms in the left-hand column and find the correct synonyms or definitions in the right-hand column. Copy the corresponding letters in the blanks.
___ property a. assets equal liabilities plus owners’ equity
___equity b. provide information item by item
___ condition c. indicate by words or symbols
___ detail d. have the same value as
___ accounting equation e. a series of transactions, changes, or functions
that bring about a particular result
___ monetary f. the existing circumstance
___ process g. anything owned by a person
___ express h. of a pertaining to money
2) Translate the sentences.
1. Ми сьогодні отримали сплачений рахунок за обладнання, яке ми поставили їм минулого тижня. 2. За допомогою отриманого балансового звіту вони змогли скласти повне уявлення про фінансове становище їхньої компанії за конкретний період. 3. Їхні активи складалися з боргових зобов’язань та власності у виді нерухомості, яка являла собою будівлі, земельні ділянки та обладнання. 4. Якщо ми подамо акціонерам всі необхідні бухгалтерські звіти, вони зможуть оцінити вигоду довгострокового кредиту.
Unit 3
Acquisition of capital
I. Pre-reading activity
Discuss the following questions.
This reading discusses the ways financial support may be obtained by a corporation. What is a corporation? Write your own definition of corporation in the space provided below. Begin your definition in this way:
Model: A corporation is the form of business that___________________________
Compare your definition with the one written by the person next to you. Add your definition if you find any new information.
A corporation obtains financial support through two different types of financing. Based on your understanding of “equity” and “debt”, match these two terms with the correct definitions: equity financing and debt financing
acquisition of borrowed funds = _________________________
acquisition of owner funds = _________________________ .