1. ACCOUNTING

2. INVOICE / BILL / ACCOUNT / ACCOUNTS / CHECK (AE) / RECEIPT 1.A statement of money owed for goods or services supplied. 2.a slip or ticket showing the amount owed, esp. a bill for food or beverages consumed (AE) 3.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. 4.A written statement showing that you have received money, goods or services. 5.An arrangement between a bank and a customer that allows the customer to pay in and take out money. 6.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

3. INVOICE / BILL / ACCOUNT / ACCOUNTS / CHECK (AE) / RECEIPT 1.A statement of money owed for goods or services supplied. 2.A slip or ticket showing the amount owed, esp. a bill for food or beverages consumed (AE). 3.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. 4.A written statement showing that you have received money, goods or services. 5.An arrangement between a bank & a customer that allows the customer to pay in & take out money. 6.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 RAČUN

4. FILL IN THE GAPS. 1.Could we have the __________, please? 2.The _______ for the repairs came to $650. 3.My salary is paid into my bank ________. 4.Have you paid the phone _______? 5.The _________for last year showed a profit of $2 million. 6.The manufacturer sent the __________for two typewriters. 7.Make sure you are given a _______ for everything you buy. check/bill bill account bill accounts invoice receipt

5. 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 cartoon or window dressing 7 bookkeeping

6. What skills do accountants need? 1 cost accounting 2 tax accounting 3 auditing 4 managerial account. 5 creative accounting or window dressing 6 bookkeeping 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

7. Calculate liabilities Calculate taxes Keep records Pay liabilities Pay taxes Receive income Record expenditure Record income Record transactions Value assets Value liabilities → MK, p 96, Vocabulary 4: Common word combinations

8. ACCOUNTING + FINANCING

9. HW: RB, p 70 Financial reporting and the annual report IRead, fill in: note-form summary IIMatch these terms to their definitions III Fill in the missing words IV Which financial statements are defined below?

10. Accounting cont. Tic-tac-toe → MK, p 95, Vocabulary 1 1 B2 B3 B4 A5C 6 C 7A8B9A10A

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

12. 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)