- •Aнглийский язык для студентов специальностей «Финансы и кредит», «буАиА»
- •Preface
- •Contents
- •Unit I economy and economics Warming up
- •Topical Vocabulary
- •Verbs and word-combinations with verbs:
- •Word Study
- •Text I Economy. Types of Economic Systems.
- •Text-based Exercises
- •Text II What Is Economics?
- •Text-based Exercises
- •Post-reading Activities
- •Discussion
- •Unit II the belarusian economy Warming up
- •Topical Vocabulary
- •Word Study
- •Verb----------noun
- •Text The Belarusian Economy
- •Text-based Exercises
- •Post-reading Exercises
- •Discussion
- •Unit III Money Topical Vocabulary
- •Verbs and verb phrases
- •Word Study
- •Money Makes the World Go Round
- •Text-based Exercises
- •Post-reading Exercises
- •Unit IV banking
- •Word Study
- •Text-based Exercises
- •Post-reading Exercises
- •Opening an Account
- •Withdrawing Money From the Account
- •Changing Foreign Currency
- •Discussion
- •Unit V finance and credit Warming up
- •Topical Vocabulary
- •Text-based Exercises
- •Text 2
- •Text-based Exercises
- •Text 3 careers in finance
- •Text-based Exercises
- •Post-reading Exercises
- •Discussion
- •Unit VI accounting and audit Warming up
- •Topical Vocabulary
- •Word Study
- •Text I Accounting As the Language of Business
- •Text-based Exercises
- •Text 2. Book-keeping and Accounting
- •Text-based Exercises
- •Text 3 Auditing
- •Text-based Exercises
- •Text 3 Careers in Accounting
- •Text-based Exercises
- •Post-reading Activities
- •Discussion
- •Curriculum
- •Содержание учебного материала по специальности «финансы и кредит»
- •Self-study Term I
- •Variant I the united kingdom economy
- •Variant II the american economy
- •Text work
- •To do away … … competition to place regulations … economic practices To be based … a free enterprise system to be involved … the construction
- •Ex. 3 Give the English equivalents to the following words and phrases.
- •Term II
- •Variant I
- •2. Translate the following words and expressions:
- •4. Match the words in Column a with the words in Column b to make up possible combinations.
- •5. Choose the words with similar meaning from the two groups and arrange them in pair.
- •7. Insert prepositions where necessary:
- •Variant II
- •2. Translate the following words and expressions:
- •3. Match the words in Column a with their definitions in Column b.
- •4. Match the words in Column a with the words in Column b to make up possible combinations.
- •5. Choose the words with similar meaning from the two groups and arrange them in pair
- •7. Insert prepositions where necessary:
- •Variant III
- •2. Translate the following words and expressions:
- •4. Match the words in Column a with the words in Column b to make up possible combinations.
- •5. Choose the words with similar meaning from the two groups and arrange them in pair
- •7. Insert prepositions where necessary:
- •Selling on Credit
- •Indebtedness, down payment, currency, deposit, purchases, charge, statement, certified copy, price, to finance
- •Business documents
- •Прочитайте текст , устно переведите его, используя словарь.
- •Найдите и выпишите из английского толкового словаря определения следующих понятий, переведите определения на русский язык (письменно).
- •Text Work
- •Text 2 Gross Domestic Product
- •Text 3 Unemployment
- •Inflation
- •Text-based Exercises
- •Text-based Exercises
- •In the lines 1 - 5 , Robyn see examples of all three. What are they?
- •3. Can you think of three important activities to add to each list (not necessarily in relation to the kettle)?
- •4. Which sector do you intend to work in or do you already work in?
- •International Economic Relations
- •Unit III Text 1
- •Text 2 English Banknotes and Coins
- •Text 3 American Money
- •Text 4 Counterfeiting
- •Text 5 Glimpses of History of Money
- •Unit IV Text 1 Types of loans made by banks
- •International Banking
- •Text 3 The Regulation of International Banking
- •Text 4 What is a Central Bank?
- •Text 5 The Federal Reserve System
- •Unit V Text 1 Credit Cards and their Holders
- •Text 2 Credit Union
- •Text-based Exercises
- •Unit V Text 1 History of Accounting
- •Text 2 Users of Accounting Information
- •Text 3 Ethical Behavior of Accountants
- •Text 4 Bookkeeping
- •Text 5 Accounting Industry in the usa
- •Bibliography
Discussion
1. Imagine that you have a great idea for a new sport complex. Explain how you would go about raising capital to develop your idea.
2. Why is it important to compare a company’s financial statements:
a. with statements of previous years?
b. with statements of other companies in the same industry?
c. with statements of companies in other industries?
3. There can be a market for stocks and bonds only if individuals are willing to buy what others wish to sell. So if every security that is sold is bought, why do prices rise and fall?
4. All investments are risky. How would you evaluate the relative risks of each of the following:
a. Purchasing a house.
b. Investing a similar amount in a new restaurant.
5. There is a saying:”Neither a borrower nor a lender be.” Explain why you agree or disagree with it.
6. How would you explain the statement “The world operates on credit”?
7. What kind of policy would you establish to handle delinquent accounts?
8. Express your vision of the role of selling on credit nowadays and its prospects.
9. Which of the following is a permanent method of finance for a business?
a) bank loans
b) creditors
c) share capital
d) overdraft
e) leasing
10. The directors of a company are planning to install a new computer system in the offices. The computers are expected to last about three years. They will cost 25000 dollars. They are considering three methods of financing:
a) leasing
b) long-term bank loan
c) new share issue
Advise the directors on the most suitable method of finance. Give reasons for your answer.
“Careers opportunities in finance are great”. Outline as many points as you can to support this statement.
Level positions in financial institutions vary greatly.
Would you like to work in the field of financial management? Explain why.
Generally it is the investment area that attracts people to finance. Do you agree with that? Give your own explanation.
Unit VI accounting and audit Warming up
Read the following text and try to prove why accounting is very important in business.
Shazad Nidal has been in business for ten months. He is a tailor making expensive suits. He operates as a sole trader.
Imagine what could happen to his business if he failed to keep a written record of all financial transactions, such as purchases and sales.
He could sell goods on credit to customers without keeping a record of the sale. He could, therefore, overlook the fact that customers still owed him money.
He may order too many raw materials because no record was kept of previous orders.
Shazad may pay all of the business' costs, for example electricity, raw materials and wages, on the same day and then find out that there is no money in the bank.
The profits or losses of the business could not be calculated.
The government tax collector would no be able to check how much tax Shazad owed – a heavy fine could be charged if the tax is not paid.
Obviously, without written financial records the business would soon be in deep trouble.
The financial records of a business are called its Accounts. They should be kept up-to-date and with great accuracy – this is the responsibility of the Accountants.