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VIII. You work at a travel agency. Help a sophisticated extreme-fiend and his grandmother to choose the route. It should be attractive for both of them. Accountant

I. Words and word combinations to remember:

accounting бухгалтерський облік

to record записувати, реєструвати

to report повідомляти

to measure вимірювати

transaction угода, справа

calculation розрахунок

registration реєстрація

value цінність, вартість

tax податок

cash готівка

receipt квитанція, отримання

purchase покупка

disbursement оплата

installation установка

to determine визначити

expansion розширення

to accumulate акумулювати, накопичувати

to dispense розподіляти

to intend збиратися, мати намір

audit перевірка, ревізія

to maintain підтримувати, зберігати

to interpret аналізувати, інтерпретувати

I I. Read the text and be ready to do the tasks:

I Am a Would-Be Accountant

Accounting shows a financial picture of the firm. An accounting department records and measures the activity of a business. It reports on the effect of the transaction of the firm’s financial condition. The purpose of business accounting is to provide information about the current operating results and financial condition of an enterprise to individuals, agencies and organizations who have need and the right to be so informed.

There are several fields of accounting specialization such as tax work, cost accounting, computer-based accounting systems, design and installation management, consulting and budgets preparation.

Book-keepers make calculations and registration of material values. They work at department stores, super-markets and shops. No business firm or company can function without book-keepers.

Book-keepers deal in taxes, cash flow, which includes cash receipts and cash disbursements, sales, purchases and different business transactions of the company.

The accountant is to determine the ways in which the business may grow in the future. No expansion or reorganization is planned without the help of the accountant. Accounting is said to be the “language of business”.

The chief accounting officer of a large company is the Controller. Controllers are responsible for measuring and comparing the company’s performance. They interpret the results of the operations, plan and recommend future actions.

Auditors are usually independent accountants who review the financial records of a company. These reviews are called audits.

III. Match the following English words and word combinations with their Ukrainian equivalents:

accounting підготовка бюджету

tax фінансовий стан

book-keeper бухоблік

to provide податок

financial condition бухгалтер

management consulting вимірювати

budget preparation обробляти, інтерпретувати

to measure забезпечувати

to interpret консультування керівництва

IV. Decide whether the following statements are True (t) or False (f):

  1. Accounting shows a financial picture of the firm.

  2. No business firm or company can function without book-keepers.

  3. The purpose of business accounting is to provide information to individuals, agencies and organizations.

  4. There are several fields of accounting specialization.

  5. Book-keepers make the technical description of a company.

  6. The accountant is responsible for accumulating and dispensing the financial information needed by users.

  7. The tradesman is to determine the ways in which the business may grow in the future.

  8. Trade is said to be “the language of business”

  9. Controllers are responsible for calculations and registration of material values.

  10. Auditors are usually independent certified accountants who review the financial records of a company.