English 4 Accounting Activities

Below is a list of readings, vocabulary sheets, and downloads from all 21 units.
Unit name Reading Vocabulary Downloads
1. Introduction to Accounting
Accounting is the backbone of any organization and offers a wide number of attractive careers. In this unit you will learn about some of the more common careers in the field of accountancy,
15   
2. Making a Career in Accounting
Every day we read about flat salaries and rising unemployment. This unit discusses how to make a living in accountancy, a market segment which is still performing relatively well.
15   
3. Bookkeeping
Without competent bookkeepers, companies would be easy targets for fraud, employee theft, and other scandals. This unit discusses bookkeeping, the foundation of all business.
14   
4. Tax accounting vs GAAP
This unit discusses the differences between GAAP (generally accepted accounting principles) and tax accounting.
15   
5. Management Accounting
Accountancy is more than just calculating profit and loss. Management accountants help larger and more mature companies make tough financial decisions that shape their future.
15   
6. The Accounting Equation
Assets = Liabilities + Owner's Equity + Revenue - Expenses - Draws. This unit discusses the vitally important accounting equation.
14   
7. Depreciation and Amortization
This unit deals with two of the hardest concepts in accounting, depreciation and amortization. Even saying these terms is hard for non-native speakers!
15   
8. Financial statements
This unit covers how the paperless office has revolutionized the accountant’s working day. Today everything is digitized and finding old receipts is easy.
15   
9. Taxes: Part One
What customers want most from tax accountants is to help minimize their liabilities, including income tax, capital gains, consumption, and property taxes.
15   
10. Auditing
In large firms audits are often used as a control for the work of the accounting department. In this unit we discuss all kinds of internal and government audits.
15   
11. Currency
In this unit we discuss the history of money from primitive barter system to coins, paper money, electronic commerce, and finally to bitcoin. What will they think of next?
20   
12. International Accounting
This unit deals with international banking and methods to make it safer and more secure. The laws are always changing. Can you keep up?
20   
13. Professional Relationships
Accounting departments are a key point of contact for both a company's customers and suppliers. This unit examines how to make the best of these relationships.
20   
14. Taxes: Part 2
The second part of our series on Taxes, this unit different types of tax in effect today. For example consumption tax, income tax, and capital gains tax.
20   
15. The Future of Accounting
This unit discusses the future of accounting. You will learn about: web-based technology, simplified compliance, market consolidation, additional services, and business success centers.
20   
16. Payroll
Payroll is one area of accounting which small business owners find especially difficult. It is often one of the first things outsourced to external companies because of its sensitivity and complexity.
20   
17. Cost accounting
This unit discusses cost accounting and how it differs from financial accounting. Care is taken to carefully explain the key vocabulary and different approaches.
20   
18. Investments
This unit uses a dialogue approach to discuss popular vocabulary around investments. Topics include: diversification, yields, index funds, and more.
20   
19. Budgets
Budgets represent one of the most important tools that a financial department has at their disposal. This unit discusses budgets and related vocabulary.
20   
20. Slang
We saved the most fun unit for last. This unit discusses "accounting slang", which is important to know when working with native speakers in their country of origin.
20   
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