Unit 12: International Accounting (USA versus UK English)

USA

UK
This unit deals with international banking and common methods to make it safer and more secure. The laws are always changing. Can you keep up?
Basic activities (computer-graded)

Reading Activity: International accounting

Students will be able to correctly answer true/false questions after reading and listening to topical short articles and dialogs featuring topical vocabulary.

Mary Pross: It's great to have you on the team John. I'm sure you will enjoy working with us. Have you settled in to the new house yet? John Sinclair: Thank you, yes we finished unpacking last night. Mary: Good. Now, I know that you worked in our London office for many years, but you will find a few things different here in the Boston office. John: Yes, I… Continue

Multiple Choice Activity

Students will be able to select the best match between unit terms and their definitions.

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Listening Comprehension Activity

Students will be able to listen to short audio clips in English and then spell them correctly.

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Spelling and Recognition

Students will be able to identify and spell a vocabulary term correctly given only the definition.

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Advanced activities (optionally teacher-graded)
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Speaking Practice Activity

Students will be able to speak and record 5 example sentences from the unit vocabulary and then submit them for grading by the classroom teacher. If no teacher is available or desired, then the students will be shown good examples of other students' work.

US
UK
The new directive supersedes the old so we need to change the way we operate.
US
UK
As both salesmen achieved the same result, the bonus will be split between them.
US
UK
All companies must follow the regulations of the country in which they do business.
US
UK
All income must be recorded for accounting purposes.
US
UK
The comptroller carefully oversees all large financial transactions.

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Writing Practice Activity

Students will write a short essay to be graded by the teacher. If no teacher is available or desired, then the student is shown previous examples of other writings by students.

  • How are accounting practices in your country different / similar to US GAAP?
  • Could practices be standardized across the world? What problems might this cause?
  • Would you prefer to work in the USA or in England? Why?
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