审计专业英语

measuring unit 计量单位 monetary unit 货币计量 stable-money-unit 稳定的货币单位
Accounting period 会计分期
Time-period
期间概念
Periodicity
定期
(2) Principles: accrual basis & cash basis Historical cost Matching Realization Full-disclosure (adequate disclosure) Objective Consistency Conservatism Materiality Cost-benefit
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?
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?
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.
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.
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,
cash flow : inflow 流入 outflow 流出
例：an inflow of bank deposits 银行存款的增加
、Reading Comprehension Main Ideas:
1.Definition of Accounting: business language information system basis for decisions
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)

describes.
b. The assumptions and measurement techniques revolved in
Q-3. External users of financial accounting information include all of the following except:
(2) Management Accounting
(3) Tax Accounting
3. Three Fields of Accounting Private Accounting Public Accounting Government Accounting (nonprofit organizations)
b. Identify at least three areas in which accountants must exercise professional judgment, rather than merely relying on
Chapter Two
Theoretical Framework underlying Financial Accounting
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
(3)Organization FASB (美）财务会计准则委员会 APB 会计准则委员会 AICPA （美）注册会计师协会
3. Main Points 1.Nature of a theoretical framework 2.Theoretical Framework
and individuals.
Q-2. To understand and use accounting information in making economic

decisions, you must understand:
a. The nature of economic activities that accounting information
SPECIALIZED ENGLISH Auditing
专业英语
审计学
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
2.Types of Accounting Information: (1)Financial Accounting: ①Internal users
②External users: Owners
. Creditors Governmental agencies Labor Unions
Tax Insurance Auditor
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
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.
External and Internal Users
Stockholder
Media ,
Bank
Administer justice
Administrator
The border of director
Manager
Financial analyst
SAP e
uncertainty of future cash flows. d. Information that is useful in making investment and credit
decisions.
Q-5 Which of the following are important factors in ensuring the integrity of accounting information?
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
a. Investors. b. Labor unions. c. Line managers. d. General public.
Q-4. Objectives of financial reporting to external investors and creditors include preparing information about all of the following except:
b. Explain how the decisions you would make might differ if you were an external investor or member of an enterprise's management team.
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