- •The central bank and the commercial banks
- •2. Translate into English.
- •3. Speak on the topic «Financial documents». Білет 2.
- •Types of accounts in Islamic banks
- •2. Translate into English.
- •3. Speak on the topic «What is auditing».
- •Investment banking
- •2. Translate into English.
- •3. Speak on the topic «Auditing laws».
- •Leasing and short-term loans in Islamic banks
- •2. Translate into English.
- •3. Speak on the topic «What is finance».
- •1. Read and translate the text. Banks
- •2. Translate into English.
- •3. Speak on the topic «The structure of a balance sheet».
- •1. Read and translate the text. Business Plan
- •2. Translate into English.
- •3. Speak on the topic «An annual report».
- •1. Read and translate the text. Auditing
- •2. Translate into English.
- •3. Speak on the topic «Bankruptcy».
- •Accounting and Bookkeeping
- •2. Translate into English.
- •3. Speak on the topic «The main ways of bankruptcy overcoming».
- •Globalisation
- •2. Translate into English.
- •3.Speak on the topic «Annual General Meetings».
- •1. Read and translate the text. Who is Auditor?
- •2. Translate into English.
- •3. Speak on the topic «Forms of money».
- •1. Read and translate the text. Natural Economy
- •2. Translate into English.
- •3. Speak on the topic «Borrowing and lending money».
- •The economy of Great Britain
- •2. Translate into English.
- •3. Speak on the topic «Central banking».
- •1. Read and translate the text. Employment
- •2. Translate into English.
- •3. Speak on the topic «Ukrainian Central banking».
- •Current accounts
- •2. Translate into English.
- •3. Speak on the topic «Functions of Central banks».
- •Banking products and services
- •2. Translate into English.
- •3. Speak on the topic «Money supply».
- •2. Translate into English.
- •3. Speak on the topic «Commercial banking».
- •Loans and risks
- •2. Translate into English.
- •3. Speak on the topic “Difference between commercial and central banking”.
- •What is Economics?
- •2. Translate into English.
- •3. Speak on the topic «Functions of commercial banks».
- •2. Translate into English.
- •3. Speak on the topic «Types of banks».
- •1. Read and translate the text. Marketing
- •3. Speak on the topic«Banking products».
- •1. Read and translate the text.
- •Interest-free banking
- •2. Translate into English.
- •3. Speak on the topic«World partnership».
- •1. Read and translate the text. The functions of central banks
- •2. Translate into English.
- •3. Speak on the topic «Types of auditors and their obligations».
- •1. Read and translate the text.
- •2. Translate into English.
- •3. Speak on the topic «An external audit».
- •1. Read and translate the text.
- •2. Translate into English.
- •3. Speak on the topic «Bookkeeping».
- •1. Read and translate the text. Natural Economy
- •2. Translate into English.
- •3. Speak on the topic «My future profession of a financier».
3. Speak on the topic «An annual report».
Білет 7.
1. Read and translate the text. Auditing
Auditing is closely connected with Accounting. The traditional definition of auditing is review and an evaluation of financial records by a second set of accountants.
There is another more modern definition. “An audit is the independent examination of, and expression of opinion on, the financial statements of an enterprise by an appointed auditor in compliance with statutory obligation.”
The main purpose of the audit is to give the user of the financial statements confidence that they give a true presentation of the position of the company at a certain date. There are the two types of audit.
An internal audit. It is a control by company’s own accountants. They check for complete, exact and reliable data. Internal auditors also look for departures from the methods for recording business transactions which are established by a company.
An independent audit is a review of financial statements and records by an accountant not belonging to the company.
Who appoints auditors? Senior executives and advisors of the company do it. Then the candidates are to be approved by the owners of the share capital at the company’s assembly.
Auditors write an audit report. They also may write a “management letter” to directors. They may underline some weak points and recommend to improve operating procedures.
2. Translate into English.
1. Вхідні фонди збільшили резерв нашої компанії. 2. Облігації акціонерного товариства нашого підприємства та інші довгострокові займи дозволили уникнути фінансового краху.3. Вливання фондів на довгостроковій основі дозволяють здійснити інвестування у створення підрядних компаній. 4.До вирахування всіх податків за допомогою метода альтернативної калькуляції вона змогла підрахувати приблизний прибуток. 5. Хоча фонди з різних джерел можуть бути використані для фінансування різноманітних потреб компанії, це є необачним вживати короткострокові надходження для придбання основних активів. 6. Впевненість інвесторів була підкріплена захистом фондів вкладників. 7. Банки підтверджували випуск цінних паперів у виді облігацій. 8. Інвестиційним банкам було дозволено випускати акції корпорацій. 9. Комерційні банки повинні були залишатися відокремленими. 10. Багато банків шукали нові ринки та прибутки в період зростаючої глобалізації.
3. Speak on the topic «Bankruptcy».
Білет 8.
Read and translate the text.
Accounting and Bookkeeping
Bookkeepers deal with taxes and cash flow which reflect business transactions of a company, such as sales and purchases, receipts and disbursements.
Bookkeepers first record figures in the books or Journals. Of course the books of today are computer files. At the end of each period bookkeepers post the totals of each book into the Ledger.
There is a difference between accountants and bookkeepers.
So, what is the difference?
As we see bookkeepers are not librarians, who also keep books. They are not bookmakers, who “make books”. They are specialists who record business transactions and periodically do a trial to see if both sides of an account book match.
Accountants, however, analyze financial information understandable for users.
The accountant also determines ways in which the business will grow in the future. They help to expand or reorganize the business.
Many accountants pass examination to get special certificates. In England they are called chartered accountants, while in the USA – certified public accountants.