Unit 2: Vocabulary

To pass this unit, please study the 15 vocabulary words below.
US
UK
balance sheet
a document which summarizes the assets, liabilities and equity of a business entity at a given time
UK
The analysis of balance sheets for the last three months showed an increase in the value of the company.
US
UK
CPA (certified public accountant)
the American and Australian equivalent of a Chartered accountant
UK
After James passed his exams, he became a certified public accountant.

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