Английский язык: Сборник текстов. Гурская Т.А. - 10 стр.

UptoLike

Составители: 

Along with ... rules applying to the preparation of accounts, there is ... overriding
requirement that the balance sheet must give ... "true and fair" view of the state of af-
fairs of the company and that... profit and less account must give ... "true and fair"
view of the company's profit and loss.
Until 1992, cash basis accounting was ... only method recognized in ... Russia. Al-
though the new accounting regulation permits the administration to select... method of
recognized revenue and expenses,... traditional methods is sill dominant.
Words you may need:
accounting records бухгалтерские счета, бухгалтерская отчетность
stocktaking records книга учета запасов
accounting date отчетная дата
accrual basis принцип начислений
departure (зд.) отклонение
Companies Act Закон о компаниях
overriding первостепенный
Exercise 3.
a) Open the brackets putting the verbs in the correct form.
b) Say what is a Chart of Accounts in Russia and what it provides for.
In the West each company (to have) a certain freedom in the design of its own set
of accounts so as to reflect the nature of its business and the needs of its management
in directing that business. In Russia this process (to regulate) centrally, there (to be) a
tradition of using a uniform Chart of Accounts.
The first uniform Chart of Accounts (to appear) in Russia in the 1920s. It (to intend)
for industries only and was revised periodically. In 1961 the first national uniform Chart
of Accounts (to create) and put into operation. With only insignificant changes, this
chart (to use) in accounting practice until 1992. In 1992 transition to a new chart (to
make). The current Chart of Accounts (to consist) of about 100 accounts and 60 sub-
accounts grouped into 10 main sections. All accounts included in this uniform chart
(to call) "synthetic" (main or summary) accounts. On the basis of this chart, each en-
terprise also may create a set of "analytic" (supporting) accounts if needed to supple-
ment the synthetic accounts. The Chart of Accounts can be considered the most im-
portant element of the accounting system in Russia because it (to determine) the
accounting practice and other elements of the system.
The Chart (to provide) for the following: an interrelated classification, grouping,
and generalization of information about business activities of enterprises, a unified
methodological basis for the organization of accounting in the whole national econo-
my, an effective system of control of indicators for business activities, comparability
of accounting procedures used and information generated in the accounting systems
of different enterprises, etc.
10
    Along with ... rules applying to the preparation of accounts, there is ... overriding
requirement that the balance sheet must give ... "true and fair" view of the state of af-
fairs of the company and that... profit and less account must give ... "true and fair"
view of the company's profit and loss.
    Until 1992, cash basis accounting was ... only method recognized in ... Russia. Al-
though the new accounting regulation permits the administration to select... method of
recognized revenue and expenses,... traditional methods is sill dominant.

      Words you may need:

     accounting records          бухгалтерские счета, бухгалтерская отчетность
     stocktaking records         книга учета запасов
     accounting date             отчетная дата
     accrual basis               принцип начислений
     departure                   (зд.) отклонение
     Companies Act               Закон о компаниях
     overriding                  первостепенный

      Exercise 3.
    a) Open the brackets putting the verbs in the correct form.
    b) Say what is a Chart of Accounts in Russia and what it provides for.
    In the West each company (to have) a certain freedom in the design of its own set
of accounts so as to reflect the nature of its business and the needs of its management
in directing that business. In Russia this process (to regulate) centrally, there (to be) a
tradition of using a uniform Chart of Accounts.
    The first uniform Chart of Accounts (to appear) in Russia in the 1920s. It (to intend)
for industries only and was revised periodically. In 1961 the first national uniform Chart
of Accounts (to create) and put into operation. With only insignificant changes, this
chart (to use) in accounting practice until 1992. In 1992 transition to a new chart (to
make). The current Chart of Accounts (to consist) of about 100 accounts and 60 sub-
accounts grouped into 10 main sections. All accounts included in this uniform chart
(to call) "synthetic" (main or summary) accounts. On the basis of this chart, each en-
terprise also may create a set of "analytic" (supporting) accounts if needed to supple-
ment the synthetic accounts. The Chart of Accounts can be considered the most im-
portant element of the accounting system in Russia because it (to determine) the
accounting practice and other elements of the system.
    The Chart (to provide) for the following: an interrelated classification, grouping,
and generalization of information about business activities of enterprises, a unified
methodological basis for the organization of accounting in the whole national econo-
my, an effective system of control of indicators for business activities, comparability
of accounting procedures used and information generated in the accounting systems
of different enterprises, etc.



10