- •Рецензенты:
- •Unit 1. Accounting and financial statements
- •1. Match the terms with the definitions.
- •2. T 1 Listen to Sarah Brandston, an accountant in New York, talking about bookkeeping and tax accounting. Then answer the following questions.
- •4. Insert the words in the box in 3 in the gaps in the text. Accounting and financial statements
- •Vocabulary
- •5. Complete the following sentences.
- •6. Answer the following questions.
- •8. Speak on accounting and financial statements. Unit 2. Banking
- •1. Match these terms with the definitions below.
- •2. Discuss the questions.
- •Types of Bank
- •Vocabulary
- •3. Find the words or expressions in the text which mean the following.
- •4. Match the verbs and nouns below to make common collocations from the text.
- •6. Speak on types of bank. Unit 3. Stocks and shares
- •1. Discussion.
- •2. Read the following text and answer the questions.
- •Companies
- •Vocabulary
- •3. Write questions that could produce the following answers.
- •4. Find the words in the text which mean the following.
- •6. Match the following words and definitions.
- •7. There is a logical connection among three of the four words in each of the following groups. Which is the odd one out, and why?
- •8. Speak on companies. Unit 4. Bonds
- •1. In Tom Wolfe's novel, The Bonfire of the Vanities, Sherman McCoy is a bond dealer in New York. One weekend his six-year-old daughter comes up with a question.
- •2. Can you explain what bonds are - to an adult rather than a six-year-old? If not, listen to Richard Mahoney, a Vice-President with j.P. Morgan and Co. In New York.
- •3. Match the words and phrases.
- •4. Discuss the following questions.
- •5. Read the text below and answer the following questions.
- •Vocabulary
- •6. In each case, which of the three statements is true?
- •7. Match the expressions with the definitions.
- •8. T 3 Listen to Richard Mahoney again, defining three different types of bonds. After listening to the definitions, try to work out:
- •9. Speak on bonds. Unit 5. Futures and derivatives
- •1. Match the words with the definitions.
- •2. Select ten or eleven of the following words that you would expect to find in a text about futures and options.
- •3. Read the text, and see if you find the words you selected. Futures, options and swaps
- •Vocabulary
- •4. Complete the following sentences.
- •5. Find words in the text that are in an obvious sense the opposite of the terms below.
- •7. T 5 Read the following extract from the talk while listening to the second part, and then match up the expressions in italics with the definitions or synonyms below.
- •8. T 6 Listen to the third part of the talk and answer these questions.
- •9. Discuss the questions.
- •Unit 6. Market structure and competition
- •Market leaders, challengers and followers
- •Vocabulary
- •3. Find words in the text which mean the following.
- •4. Match up these words with the definitions below.
- •5. Classify the following markets according to whether you think they are example of the following.
- •6. Speak on market leaders, challengers and followers. Unit 7. Takeovers, mergers and buyouts
- •1. Match up these words with the definitions below.
- •2. You will hear Max Pocock, a director of the international corporation Leica, talking about how it was formed.
- •3. T 8 Listen to the second part of the interview and answer the following questions.
- •4. Read the following text and underline the arguments in favour of leveraged buyouts. Leveraged buyouts
- •Vocabulary
- •7. Speak on leveraged buyouts. Contents
- •Коваль Оксана Ивановна
Vocabulary
accounting equation |
бухгалтерская сбалансированность |
accrued expenses |
начисленные расходы |
annual report |
годовой отчет |
balance sheet |
бухгалтерский баланс |
cash flow |
денежный поток |
double-entry bookkeeping |
двойная бухгалтерия |
earnings |
прибыль |
expenses |
расходы |
financial statement |
финансовый отчет |
financial year |
финансовый год |
fixed asset |
основной актив |
funds flow statement |
отчёт об источниках и использовании средств |
going concern |
действующее предприятие |
goodwill |
"гудвилл", нематериальные активы (разница между рыночной оценкой фирмы и суммой её чистых активов) |
historical cost accounting |
учет в фиксированных ценах |
income |
доход |
intangible assets |
нематериальные активы |
interest |
доля, процент |
market capitalization |
рыночная капитализация |
market value |
рыночная стоимость |
net assets |
стоимость имущества за вычетом обязательств |
net book value |
чистая балансовая стоимость |
nominal value |
номинальная стоимость |
reserves |
резерв |
retained earnings |
нераспределенная прибыль |
revenue |
доход |
self proprietorship |
само владение |
share capital |
акционерный капитал |
share premium (GB) or paid-in surplus (US) |
премия акции |
source and application of funds statement |
отчет об источнике и применении средств |
statement of changes in financial position |
документ об изменениях финансового положения |
5. Complete the following sentences.
1. Companies record their fixed assets at historical cost because ..
2. Historical cost accounting usually underestimates ...
3. Countries with a regularly high rate of...
4. Company profits are usually split...
5. Double-entry bookkeeping requires that...
6. A company's net assets consist of...
7. A company's stock market capitalization ...
8. Flows of cash both in and out of the company...
6. Answer the following questions.
1. What’s the most common accounting system?
2. What’s net book value?
3. What do companies generally include in their annual reports?
4. What does the profit and loss account show?
5. What does the balance sheet show?
6. What’s double-entry bookkeeping?
7. What’s the third financial statement?
8. What does it show?
7. Give the Russian equivalents for the following words and word combinations.
To assume, current, purchase price, irrelevant, to understate, to overstate, depreciation charges, to replace, obviously, to distribute, to retain, to quantify, to turn into cash, long-term liabilities, short-term liabilities, in accordance with, transactions, equity, to distinguish, accumulated expenses, trading losses.