Financial Accounting 1 KEY VOCABULARY LIST.docVIP

KEY VOCABULARY LIST FOR Financial Accounting I Account The detailed record of the changes that have occurred in a particular asset, liabilities and shareholders’ equity during a period 帐,,账单; 报告, 估计Example: The accounts show we have spent more than we received. Accounting Accountancy 会计; ; 会计学; Example: Accounting may basically be divided into financial accounting and management accounting Financial Relating to money or the management of money 金融的, 财政的Example: This Company was in serious financial difficulties. Financial Statement Business document that report financial information about a business entity to decisions makers 财务报表 statement that reports the assets and equities of a company at a particular time. Budget The money that is available to an organization or person, or a plan of how it will be spent 预算?编入预算, 安排; 编列预算 Well have to budget more carefully in the future. Monetary Relating to money, especially all the money in a particular country 货币的; 金钱的The monetary unit of Great Britain is the pound. Share One of the equal parts into which the ownership of a company is divided 股份, 部份They were able to sell their shares at a higher price. Investor Someone who gives money to a company, business, or bank in order to get a profit 投资者; 出资者China provides the finest prospect for overseas investor. ? Private For use by one person or group, not for everyone 私人的, 个人的, 私下的Lets go upstairs where we can be a bit more private. Public Relating to all the ordinary people in a country, who are not members of the government or do not have important jobs 公共的, 公众的, 公开的You mustnt do that in a public place. Cost The amounts of money that you have to pay in order to buy, do, or produce something 费用, 成本, 代价Example: We must reduce the production cost. Audit An official examination of a companys financial records in order to check that they are correct 审计, 查帐As usual, the yearly audit will take place in December. Consult To ask for information or advice from someone because it is t