ACCOUNTING

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ACCOUNTING
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INVOICE / BILL / ACCOUNT / ACCOUNTS /CHECK (AE)
/ RECEIPT

• A statement of money owed for goods or services
  supplied.
• a slip or ticket showing the amount owed, esp. a
  bill for food or beverages consumed (AE)
• A document sent by a seller to a customer with
  details of goods or services that have been
  provided, their price, and the payment date.
• A written statement showing that you have
  received money, goods or services.
• An arrangement between a bank and a customer that
  allows the customer to pay in and take out money.
• The complete set of records showing money coming
  into or going out of a business, its profits and
  its financial situation.

BILL / INVOICE
CHECK
INVOICE
RECEIPT
ACCOUNT
ACCOUNTS
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INVOICE / BILL / ACCOUNT / ACCOUNTS /CHECK (AE)
/ RECEIPT

• A statement of money owed for goods or services
  supplied.
• A slip or ticket showing the amount owed, esp. a
  bill for food or beverages consumed (AE).
• A document sent by a seller to a customer with
  details of goods or services that have been
  provided, their price, and the payment date.
• A written statement showing that you have
  received money, goods or services.
• An arrangement between a bank a customer that
  allows the customer to pay in take out money.
• The complete set of records showing money coming
  into or going out of a business, its profits and
  its financial situation.
• Croatian term

BILL (invoice)
CHECK
INVOICE
RECEIPT
ACCOUNT
ACCOUNTS
RACUN
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FILL IN THE GAPS.

• Could we have the __________, please?
• The _______ for the repairs came to 650.
• My salary is paid into my bank ________.
• Have you paid the phone _______?
• The _________for last year showed a profit of 2
  million.
• The manufacturer sent the __________for two
  typewriters.
• Make sure you are given a _______ for everything
  you buy.

check/bill
bill
account
bill
accounts
invoice
receipt
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Accounting ( financial statements)

• What is accounting?
• What skills do accountants need?
• ? Handout Accounting
• ? MK, p 95, Vocabulary 2
• 1 cost accounting
• 2 tax accounting
• 3 auditing
• 4. accounting
• 5 managerial account.
• 6 creative accounting ? comment on the cartoonor
  window dressing
• 7 bookkeeping

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What skills do accountants need?

• analytical ability mathematical competence
• thorough knowledge of tax laws and accounting
• strong analytical skills and honesty
• analytical ability math
• strong analytical skills and dishonesty
• accuracy and concentration, mathematical ability

• 1 cost accounting
• 2 tax accounting
• 3 auditing
• 4 managerial account.
• 5 creative accounting or window dressing
• 6 bookkeeping

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? MK, p 96, Vocabulary 4 Common word
combinations

• Calculate liabilities
• Calculate taxes
• Keep records
• Pay liabilities
• Pay taxes
• Receive income
• Record expenditure
• Record income
• Record transactions

• Value assets
• Value liabilities

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ACCOUNTING FINANCING
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• HW RB, p 70 Financial reporting and the annual
  reportI Read, fill in note-form
  summaryII Match these terms to their definitions
• III Fill in the missing words
• IV Which financial statements are defined
  below?

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Accounting cont.

• Tic-tac-toe
• ? MK, p 95, Vocabulary 1
• 1 B 2 B 3 B 4 A 5C6 C 7A 8B 9A 10A

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• TALK ABOUT
• Financial reporting and the annual report
• Use note-form summary (RB, p 70)

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Accounting cont.

• ? MK, p 96, Task 3
• ? RB, p 71
• HW RB, p 72 - 75
• Read about financial statements carefully
• Look up the words you do not know
• Do all exercises
• Compare financial statements of the same kind
  (RB, MK link on my website)