- •5.1 Getting started
- •5.2 Look through the following vocabulary notes which will help you understand the text and discuss the topic.
- •5.3 Reading Costs and Costing Methods
- •5.4 Comprehension
- •5.4.1 Answer the questions using the active vocabulary and Unit 5 Glossary.
- •5.4.2 Mark these statements t(true) or f(false) according to the information in the Text and Unit 5 Glossary. If they are false say why.
- •5.5 Language practice
- •5.5.1 Match the English terms in the left-hand column with the definition in the right-hand column.
- •4.5.2 Complete the following texts using the suitable words or phrases from the box.
- •Budgetary Control
- •5.5.3 Complete the text. Replace the Russian words and phrases by the English equivalents. Planning
- •5.5.4 Text for discussion.
- •Control
- •5.6 Render the passage in English using the English equivalents of the italicized phrases given in Russian. Express the main idea of the passage in one sentence.
- •6.2 Look through the following vocabulary notes which will help you understand the text and discuss the topic.
- •6.3 Reading
- •6.4 Comprehension
- •6.4.1 Answer the questions using the active vocabulary and Unit 6 Glossary.
- •6.4.2 Mark these statements t(true) or f(false) according to the information in the Text and Unit 6 Glossary. If they are false say why.
- •6.5 Language practice
- •6.5.1 Match the English terms in the left-hand column with the definition in the right-hand column.
- •6.5.2 Complete the following texts using the suitable words or phrases from the box.
- •Auditing Standards
- •Standards of Fieldwork
- •Standards of Reporting
- •6.5.3 Complete the text. Replace the Russian words and phrases by the English equivalents.
- •Fair Presentation of Financial Statements
- •Types of Internal Audit
- •6.6 Render the passage in English using the English equivalents of the italicised phrases given in Russian. Express the main idea of the passage in one sentence. Процесс проведения аудита.
6.5 Language practice
6.5.1 Match the English terms in the left-hand column with the definition in the right-hand column.
1 |
Audit documentation |
A |
A CPA's conclusion held with confidence but not substantiated by positive knowledge or proof. |
2 |
Competence |
B |
An audit opinion that the financial statements as a whole are presented in conformity with U.S. GAAP, with the exceptions noted. |
3 |
Document |
C |
A restriction on the evidence the auditor can gather. |
4 |
Adverse opinion |
D |
The performance of audit procedures outside the CPA's office. |
5 |
Evidential matter |
E |
An assertion that all transactions and accounts that should be in the financial statements are included. |
6 |
Examination |
F |
A quality of information being important enough to change an investor's decision. |
7 |
Disclaimer |
G |
The paragraph in the audit report that expresses the auditor's conclusions. |
8 |
Scope limitation |
H |
Records kept by the auditor of procedures applied, tests performed, information obtained, and pertinent conclusions reached in the engagement. The documentation provides the principal support for the auditor's report. |
9 |
Completeness |
I |
An accounting assumption of comparability of statements, achieved over time by using the same accounting methods. |
10 |
Opinion |
J |
A paragraph added to an audit report to explain something, such as the reason for a qualified or adverse opinion. |
11 |
Internal auditors |
K |
An audit opinion that the financial statements as a whole are not in conformity with U.S. GAAP. |
12 |
Explanatory |
L |
Evaluating the preparation of prospective statements, support underlying assumptions, and presentation. |
13 |
Materiality |
M |
Written or printed paper that bears information that can be used to furnish decisive evidence. Could also be a recording, computer readable information, or a photograph. |
14 |
Qualified opinion |
N |
A function of qualifications, including education, certification, and supervision. |
15 |
Opinion paragraph |
O |
A statement that the auditor is unable to express an opinion as to the presentation of financial statements in conformity with U.S. GAAP. |
16 |
Field work |
P |
Written and electronic information (such as checks, records of electronic fund transfers, invoices, contracts, and other information) that permits the auditor to reach conclusions through reasoning. |
17 |
Consistency |
Q |
Employees of the client responsible for providing analyses, evaluations, assurances, recommendations, and other information to the entity's management and board. |