Аудиторная работа № 2

14. А) Ответьте на вопросы к тексту Accounting Information.

1. Who is interested in accounting information?

2. What are the main differences between financial and managerial account­ing?

3. What financial statements are included in an annual report and when are they published?

4. What information can stockholders get from the balance sheet?

5. Why is it important to prepare the statement of a company's cash flows?

6. What kind of information is represented in the income statement?

7. How can revenues and expenses be defined?

8. What statement shows the amount of a stockholder's dividends?

9. Why is it necessary to prepare additional reports?

10. What statement contains debit and credit columns?

б) Подумайте и скажите:

1. In what financial figures and statements the following groups of people are more interested: a) stockholders, b) managers, c) creditors, d) the company's employees, e) competitors, f) fiscal officials.

2. Why is it necessary to develop similar accounting systems in different countries?

15. Раскройте скобки и употребите глаголы в соответствующей форме.

1. Equity would decrease if the owners (to withdraw) funds from the busi­ness.

2. If there (to be) a change in the amount for one item in a balance sheet, it will be always accompanied by an equal change in some other item.

3. If cash is received from the issuance of bonds, this figure (not to be shown) in the income statement.

4. The same amount of depreciation would be evaluated each year if the accountant (to choose) the straight-line method.

5. If the company (to choose) proper ways to use its assets for producing goods and rendering services, it would have earned enough revenue to stay in business.

6. If a customer received commodities or promised to pay the company in the future, the revenue (to be recorded) in accounts receivable.

7. If cash (to be paid) to purchase equipment, this figure will be added to the asset account of a plant.

8. If the company (to introduce) a new product, it would have increased the company's future cash flows.

16. Составьте предложения из двух подходящих по смыслу частей.

1. Abalance sheet represents

2. The statement of cash flows pro­vides the information

3. The income statement summariz­es the data

4. The statement of retained earnings discloses the information concerning

5. Financial accounting includes the information

6. Managerial accounting deals with

a. about a company's revenues, ex­penses, gains and losses.

b. relating to the profitability of the company and its financial position.

c. the main accounting equation.

d. planning, control, budgeting and pricing decisions.

e. stockholders' equity and divi­dends.

/ about the changes in the financial structure of the company.

17. Зачеркните модальный глагол или его форму, которую нельзя употреблять в следующих предложениях.

1. The value of one commodity (are to / should / must) be compared with that of another in terms of money.

2. A bank (ought to / is to/ must) act as an intermediary between deposi­tors who (can / are to /should) make interest on their savings and bor­rowers who (have / should / are) to obtain capital.

3. The tax system (should/ can / must) be easy enough to administer.

4. Individuals (should / are / have) to pay income tax on earnings from labour, rents, dividends and interest.

5. In the absence of some form of money, exchange (can / has to / should) take the form of barter.

6. Taking into account the high rate of inflation the government (may / I ought / will have) to increase salaries of jobholders (государственный служащий) by 2010.

7. In the late 1980s, many industries in European countries (were able to/ must / had to) increase investments in informational technologies for future production.

8. Calculating company assets an accountant (should / ought to / had to) remember that non-renewable goods (can / are to / should) be used up in one production cycle.

9. In the modern world where so much business is conducted on the basis of credit, sellers (have to / must / is to) accept the system of deferred payment.