會(huì)計(jì)專業(yè)英語(yǔ)實(shí)訓(xùn)(定)

Task1

Workwithapartnertopracticegreetingsandsmalltalk.Lookatthephrasesintheboxbeforeyougotothepartnerfile.

Usefulphrases

Meetingpeople

Offeringhospitality

Hello,Mr/Ms...,I’m...

It’snicetomeetyou.

--(It’s)Nicetomeetyou,too.

MayIintroduceyouto...?

I’dliketointroduceyouto...

Haveyoumet...?

CanItakeyourcoat?

Pleasecomeinandtakeaseat.

CanIgetyouacupofcoffee/tea?

Wouldyoulikesomethingtodrink?

--Yes,please./Yes,thatwouldbegreat.

--No,thankyou./No,thanks.

PartnerAfile

Youworkinthefinancedepartmentofyourcompany.Todayanewcolleaguefromyouroverseasparentcompanyiscomingtotheofficeforthefirsttime.(Heorshedoesn’tspeakGerman.)Youhavebeenaskedtowelcomethenewcolleague,showhim/heraroundtheofficeandmakehim/herfeelcomfortable.Attheendyoushouldintroduceyournewcolleaguetotheheadofthedepartment.

PartnerBfile

Itisyourfirstdayinyournewjobasamemberofthefinancedepartmentinoneofyourcompany’sGermansubsidiaries.YoudonotspeakGerman,buthopetostarttakinglessonssoon.Oneofyournewcolleagueswillmeetyouandshowyouaroundthecompany.Makesmalltalkandaskquestionsaboutthecompany.(Howmanypeopleworkthere?Dotheyhaveacanteen?Doesthecompanyofferlanguageclasses?Etc.)

Task2

Workwithapartnertocheckonsomefigures.Usetheinformationinyourpartnerfiletomakeaphonecall.

PartnerAfile

You’reintrouble.You’vejustspiltcoffeealloverthisdocument,andyouneeditforanimportantmeetinginafewminutes.Phoneyourcolleague(PartnerB)andaskhim/hertogiveyouthemissingnumbers.

Christmaspartybudget

(lastyear’sfiguresinbrackets)

Transport$7000($)

Food$6000($)

Drink$($19,564.57)

Band(3hours)$5000(4566.00)

Breakagesinsurance$0($45456.00)

(1.5mliability)$200($0)

Total$38200($

PartnerBfile

Thefollowingdocumenthasjustbeenfaxedtoyou,butsomeoftheinformationhasnotprintedproperly.Unfortunatelyyouneedalltheinformationinordertobriefyourboss.Youarejustwonderingwhattodowhenyourphonerings.

Christmaspartybudget

(lastyear’sfiguresinbrackets)

Transport$($6,543.23)

Food$6000($5647.98)

Drink$20000($)

Band(3hours)$($)

Breakagesinsurance$0($45456.00)

(liability)$200($

Total$($81777.78)

Task3

Workwithapartnertopracticemakingatelephonecall.Usephrasesfromtheboxbelow.

Usefulphrases

Telephonephrases

Makingappointment

Hello,thisis...from...

MayIspeakto...,please?

Couldyouputmethroughto...?

--Janetspeaking.

Hello,Janet.It’sKlaus.

Couldyoucomebytheofficenextweek?

How/whataboutMondayat9:30?

CanyoumakeTuesdayafternoon?

--No,I’msorry.I’mbusythen.

--Yes,thatsoundsgood.

PartnerAfile

Youwouldliketoarrangeameetingwithacolleaguetodiscussyourideasforsomenewsoftwareforthedepartment.ItisveryurgentasyouhaveameetingnextFridaywiththeheadofyourdepartmentandyourbossexpectsresults.Phoneyourcolleagueandfindasuitabletimetomeet.(Youwillneedyourdiary.)

PartnerBfile

Youarelookingthroughyourdiaryfornextweekwhenthephonerings.Youseefromthenumberonyourdisplaythatitisacolleague.Answerit.(Youareverybusynextweekanditwillbedifficulttoscheduleanynewappointmentsbutyoumightbeabletofitsomethinginifitisimportant!)

Task4

Nowtrytousephasesfrombelowinameetingrole-play.Workwithapartnertodiscussnextyear’sbudget.Oneofyoushouldactaschairperson.

Statingobjectives:

Dealingwithcommunicationproblems

Wehavetomakeadecisiontodayabout...

WhatIwanttolookatis...

Ouraimtodayisto...

So,inotherwords...

Canyousaythatagain?

Youdidsaythe24,didn’tyou?

WhatI’msayingis...

Ididn’tquitecatchthat.

Askingforcontributions:

Anythingtoadd,Harry?

Sally?

Movingon:

Summarizing:

Shallwemoveontothenextitem?

I’dliketomoveonifImay

Perhapswecoulddiscussthatatlunch?

Letmejustgooverwhatwehaveagreed.

Tosumupthen,...

PartnerAfile

Timesaretough.Costshavetobereduced.Butwhere?AstheMD(ManagingDirector)ofalargeinternationalconglomerate,youhavetoreduceyourbudgetfornextyear.Makesomenotesonhowthefinancedepartmentcansavecosts(eg,lessstaff,moresoftware),andbepreparedtoexplainyourpositioninapreliminarymeetingwithyourChiefFinancialOfficer.

PartnerBfile

Timesaretough.Costshavetobereduced.Butwhere?AstheCFO(ChiefFinancialOfficer)ofalargeinternationalconglomerate,youhavetodefendyourbudgetfornextyear.Makesomenotesonwhytheemployeesinyourdepartmentaresoimportant,andbepreparedtodefendyourpositioninapreliminarymeetingwithyourboss,theManagingDirector.

Task5

Chooseanynon-accountingbusinessandlistthetypesofaccountinginformationthatsuchabusinesswouldneedtoconductitsoperations.

Task6

Considerthefollowingpeopleandtheirsituations

Astudentwhohasjustcompletedhighschoolandstartedatuniversityandislivingathomewithparents

Anadultwhoworksfulltime

Foreachsituation,preparealistofassetsthepersonwouldtypicallyown,andestimatethecostofeachassetindollars.Thenpreparealistofliabilities,andestimatethecostofeachliabilityindollars.Usingtheaccountingequation,calculatetheequityofeachofthetwopeopleanddrawupastatementoffinancialpositionforeach.

Task7

TheSinabangSocialclub(SSC)buysandsellscansofcoladrinksfortheuseofitsmembers.Atthebeginningoftheyear,theinventoryofcoladrinkswas60,pricedat&1.1each,includingGST.Duringtheyear,thefollowingtransactionsoccurredinrelationtocoladrinks,inchronologicalorder(allamountsincludeGST):

150cansofcolawerepurchasedat$1.21eachforcash

80cansofcolaweresoldtoclubmembersfor$1.65eachincash.

90cansofcolawerepurchasedfor$1.52eachforcash.Thecostpriceofthecanshadincreasedbecausetheywereimportedfromoverseasandtheexchangeratehaddeteriorated.

120cansofcolaweresoldtomembersfor$2.20.

Attheendoftheyear,theSSCcountedthenumberofcansofcolaonhand,therewere90.Required:

DiscusshowyouwoulddeterminethecostoftheendinginventoryandthecostofcansofcolasoldduringtheyearfortheSSC,assumingaperiodicinventorysystemwasused.

Howwouldyouranswerdifferifyouhadusedaperpetualinventorysystem?

Task8translation

TianhuaLimitedCorporation

BalanceSheet

AsatDec.31,2007

Assets

Currentassets

Cash

Financialassetsheld-for-trading

Notesreceivable

Accountsreceivable

Prepaidexpenses

Interestreceivable

Dividendreceivable

Otherreceivables

Inventory

Currentportionoflong-termassets

Othercurrentassets

Totalofcurrentassets

Non-currentassets

Financialassetsavailable-for-sale

Financialassetsheld-to-maturity

Long-termreceivable

Long-termshareinvestment

Investmentproperty

Capitalassets

Work-in-progressconstruction

Constructioninventory

Capitalassetsdisposal

Organicassetsformanufactory

Gasassets

Intangibleassets

Developmentexpenditure

Goodwill

Long-termprepaidexpense

Deferredtaxassets

Othernon-currentassets

Totalofnon-currentassets

Totalassets

EquityandLiabilities

Currentliabilities

Loan

Financialliabilitiesheld-for-trading

Notespayable

Accountspayable

Unearnedrevenue

Wagespayable

Taxpayable

Interestpayable

Dividendpayable

Otherpayables

Currentportionoflong-termliabilities

Othercurrentliabilities

Totalofcurrentliabilities

Non-currentliabilities

Long-termloan

Bondpayable

Long-termpayable

Restrictedpayable

Contingentliability

Deferredtaxliabilities

Othernon-currentliabilities

Totalofnon-currentliabilities

Totalofliabilities

Equity

Issuedcapital

Capitalreserve

-treasuryshare

Surplusreserve

undistributedprofit

Totalequity

Totalliabilitiesandequity

TianhuaLimitCorporation

IncomeStatement

FortheyearendedDec.31,2007

items

Revenue

Costofsales

Operatingtax

Salesexpense

Administrativeexpense

Financeexpense

Lossofimpairmentofassets

+changesoffairvalueofassets

Investmentincome

Include:incomefromassociates

Operatingprofit

+incomefromnon-operatingactivities

-expensefornon-operatingactivities

Include:lossondisposalofnon-currentassets

Profit

-incometax

Netprofit

Earningspershare

1.basicEPS

2.diluteEPS

Task9translation

1.Financialreportingincludesnotonlyfinancialstatementsbutalsoothermeansofcommunicatinginformationthatrelates,directlyorindirectly,totheinformationprovidedbyabusinessenterprise’saccountingsystemthatis,informationaboutanenterprise’sresources,obligations,earnings,etc.

2.Objectivesoffinancialreporting:

Financialreportingshould:

(1)Provideinformationthathelpsinmakinginvestmentandcreditdecisions.

(2)Provideinformationthatenablesassessingfuturecashflows.

(3)Provideinformationthatenablesuserstolearnabouteconomicresources,claimsagainstthoseresources,andchangesinthem.

3.Basicaccountingassumptions

(1)Economicentityassumption

Thisassumptionsimplysaysthatthebusinessandtheownerofthebusinessaretwoseparatelegalandeconomicentities.Eachentityshouldaccountandreportitsownfinancialactivities.

(2)Goingconcernassumption

Thisassumptionstatesthattheenterprisewillcontinueinoperationlongenoughtocarryoutitsexistingobjectives.

Thisassumptionenablesaccountantstomakeestimatesaboutassetlivesandhowtransactionsmightbeamortizedovertime.

Thisassumptionenablesanaccountanttouseaccrualaccountingwhichrecordsaccrualanddeferralentriesasofeachbalancesheetdate.

(3)Timeperiodassumption

Thisassumptionassumesthattheeconomiclifeofabusinesscanbedividedintoartificialtimeperiods.

(4)Monetaryunitassumption

Thisassumptionstatesthatonlytransactiondatathatcanbeexpressedintermsofmoneybeincludedintheaccountingrecords,andtheunitofmeasureremainsrelativelyconstantovertimeintermsofpurchasingpower.

Inessence,thisassumptiondisregardstheeffectsofinflationordeflationintheeconomyinwhichtheentityoperates.

Thisassumptionprovidessupportforthe"HistoricalCost"principle.

4.Basicaccountingelements

(1)Asset

Anassetisaresourcethatisownedorcontrolledbyanenterpriseasaresultofpasttransactionsoreventsandisexpectedtogenerateeconomicbenefitstotheenterprise.

(2)Liability

Aliabilityisapresentobligationarisingfrompasttransactionsoreventswhichareexpectedtogiverisetoanoutflowofeconomicbenefitsfromtheenterprise.

Apresentobligationisadutycommittedbytheenterpriseundercurrentcircumstances.Obligationsthatwillresultfromtheoccurrenceoffuturetransactionsoreventsarenotpresentobligationsandshallnotberecognizedasliabilities.

(3)owners’equity

Owners’equityistheresidualinterestintheassetsofanenterpriseafterdeductingallitsliabilities.

Owners’equityofacompanyisalsoknownasshareholders’equity.

(4)Revenue

Revenueisthegrossinflowofeconomicbenefitsderivedfromthecourseofordinaryactivitiesthatresultinincreasesinequity,otherthanthoserelatingtocontributionsfromowners.

(5)Expense

Expensesarethegrossoutflowofeconomicbenefitsresultedfromthecourseofordinaryactivitiesthatresultindecreasesinowners’equity,otherthanthoserelatingtoappropriationsofprofitstoowners.

(6)Profit

Profitistheoperatingresultofanenterpriseoveraspecificaccountingperiod.Profitincludesthenetamountofrevenueafterdeductingexpenses,gainsandlossesdirectlyrecognizedinprofitofthecurrentperiod,etc.

Task10

1Qualitativecharacteristicsofaccountinginformation

(1)Reliability

Foraccountinginformationtobereliable,itmustbedependableandtrustworthy.

Accountinginformationisreliabletotheextendthatitis:

Verifiable:meansthatinformationhasbeenobjectivelydetermined,arrivedat,orcreated.Morethanonepersoncouldconsiderthefactsofasituationandreachasimilarconclusion.

Representationallyfaithful:thatsomethingiswhatitisrepresentedtobe.Forexample,ifamachineislistedasafixedassetonthebalancesheet,thenthecompanycanprovethatthemachineexists,isownedbythecompany,isinworkingcondition,andiscurrentlybeingusedtosupporttherevenuegeneratingactivitiesofthecompany.

Neutral:meansthatinformationispresentedinaccordancewithgenerallyacceptedaccountingprinciplesandpractices,andwithoutbias.

(2)Relevance

Relevantinformationiscapableofmakingadifferenceinthedecisionsofusersbyhelpingthemtoevaluatethepotentialeffectsofpast,present,orfuturetransactionsorothereventsonfuturecashflows(predictivevalue)ortoconfirmorcorrecttheirpreviousevaluations(confirmatoryvalue).

(3)Understandability

Understandabilityisthequalityofinformationthatenablesuserswhohaveareasonableknowledgeofbusinessandeconomicactivitiesandfinancialreporting,andwhostudytheinformationwithreasonablediligence,tocomprehenditsmeaning.

(4)Comparability

Comparability:suggeststhataccountinginformationthathasbeenmeasuredandreportedinasimilarmannerbydifferententerprisesshouldbecapableofbeingcomparedbecauseeachoftheenterprisesisapplyingthesamegenerallyacceptedaccountingprinciplesandpractices.

Consistency:suggeststhatanentityhasusedthesameaccountingprincipleorpracticefromoneperiodtoanother,therefore,ifthedollaramountreportedforacategoryisdifferentfromoneperiodtothenext,thenchancesarethatthedifferenceisduetoachangelikeanincreaseordecreaseinsalesvolumeratherthanbeingduetoachangeinthemethodofcalculatingthedollaramount.

(5)Substanceoverform

Substanceoverformemphasizestheeconomicsubstanceofaneventeventhoughitslegalformmayprovideadifferentresult.

Itrequiresthatbusinessenterpriseshouldperformaccountingrecognition,measurementandreportinginaccordancewiththeeconomicsubstanceratherthanthelegalformofaneventortransaction.

(6)Materiality

Informationismaterialifitsomissionormisstatementcouldinflu