V. Complete the sentences:
Accounting shows…
An accounting department records and measures…
Book-keepers make…
Book-keepers work…
The accountant is to determine…
The accountant is responsible for …
Controllers interpret…
Auditors are usually…
VI. Answer the following questions using information stated in the text:
What does accounting show?
What does an accounting department records and measure?
What do book-keepers make?
Who deals in taxes and cash flow?
What is the accountant to determine?
Who plans expansion or reorganization of a company?
What is the accountant responsible for?
Why is accounting called “the language of business?
N.B! Think it over!
A bank is a place that will lend you money if you can prove that you don’t need it.
VII. Read the Supplementary Text and summarize it:
Accounting offers the qualified person an opportunity to move ahead quickly in today’s business world.
Accounting is a basic and vital element of every modern business. It records the growth or decline of the business.
The field of accounting is divided into three broad divisions: public, private and governmental.
A certified public accountant (CPA, Am.E) or a chartered accountant (Br.E) must pass a series of examinations, after which s/he receives a certificate. Those who have passed a certifying examination have an advantage over those who haven’t.
CPAs can offer their services to the public on an individual consultant basis for which they receive a fee. Some CPAs perform work for firms, corporations or government offices and receive a salary.
Private accountants, who are employees of individual businesses, handle the financial record of a business. They are responsible for preparing financial statements and are salaried rather than paid a fee.
Government accountants are employed by governmental agencies. They are responsible for monitoring the receipt and payment of funds. All of these accountants work on a salary basis.
Salaried positions with business or government offer strong security, since salaried accountants are not affected by layoff or seasonal changes in the work load as are industrial or clerical workers.
VIII. Try to persuade your parents who wanted you to be an engineer, that your future profession is very important and interesting for you personally. Use as many arguments as possible – the parents are very pessimistic about your choice.
Manager
I. Words and word combinations to remember:
constant постійний
growth зростання
to perform виконувати
stage етап
mission доручення
to determine визначати
to achieve досягати
to delegate the authorities передавати повноваження
employee працівник
to carry out виконувати
instruction інструкція
to get sb do sth змусити когось робити щось
face-to-face особистий; віч-на-віч
inspection інспекція, обстеження
progress report звіт про успішність
financial statement фінансовий звіт
efficient кваліфікований
