Unit 1 - Introduction To Accounting
Unit 1 - Introduction To Accounting
Unit 1 - Introduction To Accounting
Introduction to
accounting
An accountant
2
A bookkeeper
Jobs in
accounting
An auditor
A.
specializing
B.
studying
C.
for
inspecting its accounts D. processing the
records E. giving administrative support
F. to inspect its accounts
Trainee
accountants:
Accountants
who
are.
..1 for professional examinations
Bookkeepers: Administrative staff responsible for .
.. 2 of a business's financial activities
Tax accountant: An accountant ... 3 in a
company's tax affairs
Back-office manager: Person in charge of the staff
responsible for ... 4 to the Finance
department
Internal auditors: Employees of a company who are
responsible ... 5.
External auditors: People employed by an outside firm of
accountants and hired by a company6
1.2. Listening
New words
1. CPA (Certificated Public Accountant): K ton c
chng ch hnh ngh tiu chun
2. CFO (Chief Financial Officer): Gim c ti chnh/
ti v
3. Treasurer /'trer/ (n) th qu
4. Budget manager (n) qun l ngn sch
5. External auditor (n) kim ton vin c lp
6. Back-office manager (n) gim c B.O, gim c
hu cn
Meeting people
Hello, Mr/Ms .... I'm .... It's nice to meet you.
- (It's)Nice to meet you, too.
May I introduce you to ... ?
I'd like to introduce you to ....
Have you met... ?
Offering hospitality
Can I take your coat?
Please come in and take a seat.
Can I get you a cup of coffee/tea?
Would you like something to drink?
-Yes, please. / Yes, that would be
great.
- No, thank you. / No, thanks
Safe topics:
- Sport
- Weather
- Travel
Unsafe topics:
- Religion
- Politics
1.
2.
3.
4.
5.
6.
7.
Phone call
some coffee
bookkeepers
managers
tax accountants
office manager
auditors
1.4. READING
be familiar with: quen thuc vi, bit r
the going concern principle: nguyn tc ho t ng lin t c
the prudence principle: nguyn tc thn trng
the matching principle: nguyn tc ph h p
the consistency principle: nguyn tc nh t qun
Offset [':fset] (v) n b, b p
Asset (n) ['set] ti sn, ca ci
publicly-traded company: cng ty nim y t ch ng khon trn sn giao d ch
reconciliation [,rekn,sili'ein] or reconcilement
['reknsailmnt] s gii ha, s tha thun
1.4. READING
International accounting
1.4. READING
Whether the company can choose is governed by the laws of the country
where it is registered. For example, the U.S.A. and Japan currently allow
publicly-traded companies to prepare their financial statements using the
standards of the International Accounting Standards Committee (IASC),
but they must also include a reconciliation to domestic GAAP.
Questions
GAAP:
Outside
Company
Accepted
Practice
English-speaking
Standards
local accounting
Parties
Publicly-traded
Countries
Questions
a. _________________ a firm that sells its shares to anyone
who wants to buy them
b. _________________ for example, Australia, the U.K, and the
U.S.A.
c. _________________ the way that most people do something
d. _________________ the rules and regulations which state
how accountants operate in a particular place.
e. _________________ people or groups who are not involved
with the company.
a. Publicly-traded company
b. English speaking countries
c. Accepted practice
d. Local accounting standard
e. Outside parties
1. b
2. c
3. a
4. d
d.
Accounts
should
be
produced using the same
principles from one year to the
next. Deviations from this
principle must not be noted,
and the effects on the accounts
shown.
1. Debt
2. Lease
3. Gearing
4. Liabilities
5. Contract
6.Transaction
7. Shareholder
f
g
b
- Yes.
2. What are the consequences of the debt
problem?
Lease
the
5. Has Charles asset.
made a final decision about
what to do?
- No.
6. Do we know whether Sally agrees with
Charles's suggestion?
- No.
1. What is accountancy?
2. What is accounting?
3. When and where accounting was born?