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II. Put the verbs in the principal clause into the Past Indefinite Tense and make the necessary changes in the subordinate clause:

1. He says he doesn’t even know such problems exist. 2. The newspaper writes that he is without any doubt, the best actor of the year. 3. I think the game’s worth the candle. 4. Do they say it is an established fact? 5. It’s really surprising that the factory was built in record time. 6. We are surprised to hear that your question wasn’t answered at once. 7. They write that preliminary contacts have already been established. 8. He says the detective parts have been replaced. 9. We are surprised to see that nothing has been changed. 10. The experts find the construction will cost an enormous sum. 11. Everybody understands the new project will require a great effort. 12. They write that they will be able to give us an idea of the cost of project when they receive all the necessary documents.

III. Complete these sentences with ”said”, ”told” or ”talked” and translate into Ukrainian:

1. Jack ... me that he was enjoying his new job. 2. Tom ... it was a nice restaurant but I didn’t like it much. 3. The doctor ... that I would have to rest for at least a week. 4. Mrs. Taylor ... us she wouldn’t be able to come to the next meeting. 5. Ann ... Tom that she was going away. 6. At the meeting the chairman ... about the problems facing the company. 7. Jill ... us all about her holiday in Australia.

IV. Change the following dialogue into indirect speech:

Ann: Will you join me? I am going to the grocery.

Helen: Come along, I have spare time, and will you go with me to the Department store?

Ann: Surely. Do you want to buy a new dress, a blouse or a skirt? I know you are very fond of blouses.

Helen: That’s right. How do you know?

Ann: It’s quite easy to guess. You have a new blouse nearly every other day.

Helen: You see this time I want to buy a pair of shoes.

Ann: Haven’t you bought brown shoes recently?

Helen: I bought those for my mother.

VI. Translate into English. Pay attention to the sequence of tenses:

1. Йому дуже хотілось поїхати на південь, і ми не думали, що він повернеться так швидко. 2. Він сказав, що коли він вчить уроки, то завжди вимикає радіо. 3. Батько сказав, що ми вирушимо, як тільки я закінчу снідати. 4. Ми говорили про свою майбутню роботу. Петро сказав, що він поїде навчати дітей в своє рідне село. Там хороша школа. 5. У нас було обмаль часу, оскільки ми від’їжджали наступного дня. 6. Він дуже поспішав, оскільки боявся, що сестра буде чекати на нього. 7. Моя сестричка відчувала себе нещасною, коли отримала двійку за твір. 8. Я піду додому, як тільки закінчу прослуховувати п’ятий урок. 9. Мій старший брат сказав мені, щоб я не вмикав магнітофон, якщо я не знаю, як це робити. 10. Я якраз снідав, коли зайшов мій приятель і сказав, що мені доведеться поспішити, якщо я хочу приєднатись до них. 11. Ми вирішили, що поки ти будеш робити переклад, Ганна буде допомагати нам, а потім ми допоможемо їй вимити посуд і прибрати кімнату до того, як її мама прийде з роботи. 12. Джон сказав, що він все влаштує для нашої поїздки на узбережжя. 13. Ми сподіваємося, що коли він повернеться, він візьме участь в нашій дискусії про сучасну американську літературу. 14. Він відповів, що ми не зможемо уладнати цю справу, поки не поговоримо з деканом. 15. Джемма знала, що Артур не змінить свого рішення, навіть якщо вона дасть йому пораду, і, крім того, вона не хотіла давати йому ніяких порад.

Unit 10

Topic: My Speciality

Grammar: Revision of Tenses

I. Read the following words:

accounting, department, qualified, specialist, organisation, finance, statistics, budget, identifying, measuring, function, reveal, deviate, future, responsible, acquire, cash, flow, analyses, expenditure, assets, machinery, charge, tax, advise, financial, mutually, without, minimise, properly, effectively, orient, ministry.

II. Read and translate the following text:

My Speciality

I study at the Accounting Economic Department of the State Tax Service Academy of Ukraine. This Department is one of the oldest departments of our Institute. It trains highly qualified, specialist with deep knowledge, in economics, organisation and management of production, accountancy, the analysis of economic activity, etc.

A part from the Accounting Economic Department there is the Finance Economic Department. It is not so old as the Accounting Economic Department, but it is the longest as to the number of students, studying there. My friends studies there.

We study general and special subjects. Among the special subjects, the following may be named: Accountancy, Statistics, Management, Marketing, Finance, Budget, etc.

What is Accounting? Accounting is the process of identifying, collecting, measuring and reporting information on business activity. Thus, it is possible to speak about three functions of accounting:

1) reporting on past operations of the enterprise, company, firm, etc.;

2) revealing the extent to which past activities deviated from budgeted plans;

3) planning and budgeting future activities of the enterprise, company, firm, etc.

What is Finance? Finance is the function in a business that is responsible for acquiring funds for the firm and managing funds within the firm ( for example, preparing budgets, doing cash flow analyses ) and planning for the expenditures of funds on such assets as plant, equipment and machinery. Most organisations have a manager in charge of financial operations. His duties are: planning, budgeting, obtaining funds, controlling funds (funds management), collecting funds (credit management), auditing, managing taxes and advising top management on financial matters.

Can you see the link between accounting and finance?

They are mutually supportive functions in a firm. A firm cannot get along without accounting but neither, can it prosper without short- and long-term financing, managing its funds well, minimising its taxes, and investing, its funds properly.

The tasks of all the economists are to use the new economic activity effectively, as well as new economic levers and stimuli.

The subjects studied orient the future specialists to the broad use of electronic and computational techniques. The graduates of the economic departments will work at different accounting offices, departments, banks, ministries, etc.