Accounting
and financial statements
1. Types of accounting
1. bookkeeping A
calculating an individual’s or a company’s liability for tax
2. accounting B
writing down the details of transactions(debits and credits)
3. manageril accounting C
keeping financial records, recording income and expenditure, valuing assets and
liabilities, and so on
4. cost accounting D
preparing budgets and other financial reports necessary for management
5. tax accounting E
inspection and evaluation of accounts a second set of accountants.
6. auditing F
usibg all available accounting procedures and tricks to disguise the true
financial position of a company
7. creative accounting G
working out the unit cost of products, including materials, labour and all other
expenses.
*bookkeeping счетоводство
* managerial accounting управленческий учет
* cost accounting счет издержек
* tax accounting налоговый учет
* creative accounting двойная бухгалтерия
2 Company accounts
Match these words with the definition
below
Assets depreciation liabilities
turnover
Credotors (GB) o/ accounts
payable(US) Revenue/earnings/income
Debtors (GB)/accounts
receivable (US) Stock (GB)/inventory(US)
Shareholders(GB)/stockholders(AE) overheads(GB)/overhead
(US)
1. a company’s owner.
2. all the money received by a
company during a given period.
3. all the money the a company
will have to pay to someone else inthe future.
4. the ammount of business done
by a company overa year.
5. anything owned by by a
business ( cash investment, buildings, machines, and so on) that can be used to
produce goods or pay liabilities.
6. the reduction in value of a
fixed asset during the years it is in use (charged against profits).
7. sums of money owed by
customers for goods or services perchased on credit.
8. sums of money owed to
suppliers for purchases made on credit.
9. (the value of) raw materials,
work in progress, and finished produacts stored ready for sale.
10. the various expenses of
operating a business that cannot be charged to any one product, process or
department.
3. Match the coloumns
1. accountancy a. аудитор
2. windowdressing b. Достоверное
и объективное предоставление информации
3. accounting standarts c. бухгалтерия, счетоводство
4. profit and loss account d. Влезши в долги
5. bookkeeping e. бухгалтерия
6. auditor
f. Последняя строка отчета прибылей и убытков
7. pre-tax profit g.
Двойная бухгалтерия
8. true and fair view h. Бухгалтерские стандарты, правила
9. gross profit i. Валовая прибыль
10. bottom line j. Прибыль до вычета налогов
11. red ink k.
Отчет прибылей и убытков
4 Match the opposites
Profit asset liability loss
5 Match each term on the left
with the correct definition on the right.
a.audit 1. an accounting
statement at the of the financial year of a firm’s sales revenue and costs
b balance sheet 2.
the audited financial statement of an organisation which systemetically records
transactons.
c profit and loss account 3.
an accounting statement of a firm’s assets and liabilities.
d interim results 4.
A legally required review of a company’s accounts to establish their validity.
e accounts 5.
An unaudited progress report issued by a company to keep investors up to date.
f the bottom line 6.
The most important part of the accounts telling how much profit the firm made.
6 Put the words into the text.
Interim auditors liabilities results
Profit and loss account balance sheet accounting
standarts assets
Public limited companies are required by
law to publish end-of-year financial statements. The report on the financial
performance, or ______ of the company must include at least a ______ and a so
that shareholders can assess the performance of the company. ______ check the
accuracy of the accounts and often apply national or internationally recognized
_____.The balance sheet shows the firm’s _____ and _____ while the profit and
loss account tell the shareholders what kind of return to expect on the
investment. Companies often publish half-yearly or _____ results, especially if
they need to warm shareholders of poor results. If a firm is doing well it can
report a strong balance sheet however.
7 1.
Каждый бухгалтер в течение месяца должен подготовить отчет прибылей и убытков.
2. Бухгалтерия и счетоводство –
это сложный предмет, но каждый хороший бухгалтер должен знать его отлично.
3. Аудиторы должны придти на
следующей неделе и проверить годовые отчеты за последние 5 лет.
4. В случае банкротства компания
будет вынуждена распродать свои активы, чтобы покрыть свои долги.
5. При подготовке годового
отчета необходимо руководствоваться бухгалтерскими стандартами и правилами.
6. Иногда компании приглашают
внештатных аудиторов для проверки отчетов и проверки предоставляют ли они
достоверную и объективную информацию.
7. Если компания зарабатывает
достаточно денег и не успевает потратить их, то она получает прибыль.
8. Важными документами в
бухгалтерии являются годовой отчет, отчет прибылей и убытков.
9. Совет директоров должен
предоставлять информацию о делах компании своим акционерам.
10. Отчет прибылей и убытков
показывает доход
аудиоформат
Оставьте свой комментарий
Авторизуйтесь, чтобы задавать вопросы.