专业英语会计学Chap001

Part3: Knowledge Expansion
英文数字表达
100 1,000 10,000 100,000 1,000,000 10,000,000 100,000,000 1,000,000,000 10,000,000,000 100,000,000,000 1,000,000,000,000 百 千 万 十万 百万 千万 亿 十亿 百亿 千亿 兆 hundred thousand ten thousand hundred thousand million ten million hundred million billion ten billion hundred billion trillion
Ⅰ. Accounting and Accounting Profession 1. Accounting and its Functions 会计与会计基本职能
Accounting is an information system necessitated by the great complexity of modern business. One of the most important functions of accounting is to accumulate and report financial information that shows an organization’s financial position and the results of its operations to its interested users. Another important function of accounting is to provide the management inside an organization with the accounting information needed in the organization's internal decision-making, which relates to planning, control, and evaluation within an organization.

McGraw-Hill/Irwin
•Managers
•Sales Staff
•Officers/Directors •Budget Officers
•Internal Auditors •Controllers
Slide 2
C2
USERS OF ACCOUNTING
INFORMATION
External Users
C1 IMPORTANCE OF ACCOUNTING
Accounting
Identifying Select transactions and events
Recording Input, measure and classify
Communicating Prepare, analyze and interpret
•Consultants
•Market researchers
•Analysts
•Systems designers
•Traders
•Merger services
•Directors
•Business valuation
•Underwriters
•Human services
•Planners
•Litigation support
Internal Users
Financial accounting provides external users with financial
statements.
McGraw-Hill/Irwin
Managerial accounting provides information needs for internal decision makers.

• Controller 总会计师，会计主管 • Treasurer 财务主管
• CFO
• What are the responsibilities of accountants at the private business?
The responsibilities of accountants at the private business
Accounting English
• Why do you take the course of Accounting English?
• What are the learning objectives of Accounting English?
• Is Accounting English difficult?
Users of Accounting Information
External users Internal users
Internal users of accounting information
• Question:
– How to define internal users of accountinr study
• Previewing the text is very important.
• 《An English –Chinese Dictionary of Accounting》，《英汉双解财会词典》， 外语教学与研究出版社， [英] P.H. Collin, Adrian Joliffe 编，张炜等译，2002年9月 第1版
• Meet = pay off 偿还 • Mature = be due v.到期
– Maturity n.到期
• Inventory = stock 存货 • Expense 费用

The business entity
◦ A unit which has independence or relative independence in management or economy.
◦ Also an economic unit stands on its own interest.
Four major accounting assumptions
◦ Business entity ◦ Going-concern ◦ Monetary unit ◦ Time period
1.2.1 Business Entity
A business entity should be accounted separately from other business entities, including its owner.
◦ Supervision function
to examine the authenticity, legality, and rationality of economic businesses of a specific accounting subject when the accounting personnel carry out the calculation function. Just as calculation function, it is one of the basic functions of accounting, and is also an important component of Chinese economic supervision system.
会计英语
Chapter 1 Overview of Accounting