AUDITING PROFESSIONAL ENGLISH IN USE FOR FINANCE

 

PROFESSIONAL ENGLISH IN USE FOR FINANCE 10. AUDITING

 

A Internal auditing After bookkeepers complete their accounts, and accountants prepare their financial statements, these are checked by internal auditors. An internal audit is an examination of a company’s accounts by its own internal auditors or controllers. They evaluate the B External auditing Public companies have to submit their financial statements to external auditors – independent auditors who do not work for the company. The auditors have to give an opinion about whether the financial statements represent a true and fair view of the company’s financial situation and results. C Irregularities   EXERCISES 10.1 Match the job titles (1-4) with the descriptions (a-d). look at A and B opposite to help you. 1 bookkeepers a company employees who check the financial statements 2 accountants b expert accountants working for independent firms who review companies’ financial statements and accounting records 10.2 Match the nouns in the box with the verbs below to make word combinations. Some words can be used twice. Look at A and B opposite to help you. 10.3 Complete the table with words from A, B, and C opposite and related forms. Put a stress mark in fron of the stressed syllable in each word. The first one has been done for you. Then complete the sentences below with the correct forms of words from the table. 1 I’m an internal auditor. I ______________ the company’s accounts, to make sure that they are ______________, and that they ______________ with company policies and general accounting accounts.

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