财务专业英语

C1-2 Ethical conduct and professional judgment each play
important roles in the accounting process. a. In general terms, explain why it is important to society that people who prepare accounting information act in an ethical manner. b. Identify at least three areas in which accountants must exercise professional judgment, rather than merely relying on
Auditor The border of director Administrator Manager
Financial analyst
Controller
Employee

SAP AG
(2) Management Accounting
(3) Tax Accounting
3. Three Fields of Accounting

、Reading Comprehension Main Ideas: 1.Definition of Accounting: business language information system basis for decisions
2.Types of Accounting Information: (1)Financial Accounting: ①Internal users
Chapter Two
Theoretical Framework underlying Financial Accounting
Key words, phrases, and special terms P21 1、Words and Phrases: intuition 直觉力 实践性 rest on/upon =set up 建立 on account=on credit 赊账 utility 公用事业 utility expense 水电费 materiality 物质性 , 重要性 encompass 围绕 , 包含
Q-5 Which of the following are important factors in ensuring the
integrity of accounting information? a. Institutional factors, such as standards for preparing information. b. Professional organizations, such as the American Institute of CPAs. c. Competence' judgment' and ethical behavior of individual accountants' d. All of the above.
Private Accounting Public Accounting Government Accounting (nonprofit organizations)
4. Extending your knowledge(会计道德）
Multiple-choice question:
P12 Q-1. Which of the following does not describe accounting? a. Language of business. b. Is an end rather than a means to an end. c. Useful for decision making. d Used by business, government, nonprofit organizations, and individuals.
②External users: Owners . Creditors Governmental agencies Labor Unions
External and Internal Users
Stockholder
Media , Bank Administer justice
Tax
Insurance
CASE
C1-1. A friend learns that you are taking an accounting course.
Knowing that you do not plan a career in accounting, the friend asks you why you are "wasting your time." Explain to the friend how you and your friends will use accounting information in a. Your personal life. b. The business of your friend, who plans to be a farmer. c. The business life of another friend, who plans a career in sales.
2、Reading Comprehension (GAAP) (1)Assumption Accounting entity 会计主体 Separate entity 独立实体

Going concern 持续经营 Continue operation (or continuing concern)
Q-4. Objectives of financial reporting to external investors and creditors include preparing information about all of the following except: a. Information used to determine which products to produce. b. Information about economic resources, claims to those resources, and changes in both resources and claims. c. Information that is useful in assessing the amount, timing, and uncertainty of future cash flows. d. Information that is useful in making investment and credit decisions.
financial progress 财务进展
internal users 内部信息使用者 external users 外部信息使用者 tax accounting 税务会计 tax planning 税务筹划 income tax return 所得税申报表 debt-paying ability 偿债能力 liquidity 清偿，偿债能力 cash flow : inflow 流入 outflow 流出 例：an inflow of bank deposits 银行存款的增加
Chapter One: Introduction
、Words and Phrases:


enterprise 企业 business 企业 firm 公司、商号 concern vt. 涉及 与…有关 企业 general purpose （普遍）通用的 criterion 标准 enhance vt. 提高、放大 感兴趣 return on 回报、报酬 return of 回收 收回 financial position 财务状况
measuring unit 计量单位
monetary unit 货币计量 stable-money-unit 稳定的货币单位
SPECIALIZED ENGLISH
Financial Management
专业英语
财务管理
Contents
Chapter One
Introduction
Theoretical Framework underlying Financial Accounting
Chapter Two
Chapter Three
EXERCISE
E1-1 You recently invested $12,000 of your savings in a security
issued by a large company. The security agreement pays you 7 percent per year and has a maturity two years from the day you purchased it. What is the total cash flow you expect to receive from this investment, separated into return on your investment and the return of your investment?
E1-2 Divide into groups as instructed by your professor and
discuss the following: a. How does the description of accounting as the "language of business" relate to accounting as being useful for investors and creditors? b. Explain how the decisions you would make might differ if you were an external investor or member of an enterprise's management team.
Q-2. To understand and use accounting information in making


economic decisions, you must understand: a. The nature of economic activities that accounting information describes. b. The assumptions and measurement techniques revolved in

AccountLeabharlann Baidung Cycle
Basic Financial Statements The Statement of Cash Flow
Chapter Four Chapter Five Chapter Six Chapter Seven Chapter Eight
Financial Statements Analysis Finance__ Debt Financing Finance__ Equity Financing
Q-3. External users of financial accounting information include all of the following except: a. Investors. b. Labor unions. c. Line managers. d. General public.