This core vocabulary reference sheet provides key words and phrases for bookkeeping and financial documents. This vocabulary can be used in English for specific purposes classes as a starting point to help students striving to become bookkeepers or related professions in the financial industry. Teachers are often not equipped with the exact English terminology required in very specific trade sectors. For this reason, core vocabulary sheets go a long way in helping teachers provide adequate materials for students with English for Specific Purposes needs.
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accelerated depreciation account book accounting - book-keeping accounting criteria - accounting standards accounts payable accrual accrued liability - accrued expense accrued revenue - accrued income actual cost added value adjustment administrative expenses advances affiliated company allocation of the dividend amortization - depreciation to amortize - to depreciate annual general meeting (AGM) to approve a balance articles of association asset assets assets and liabilities assets side assets value associated companies auditing - audit auditors' certificate balance-sheet analysis balance-sheet consolidation balance-sheet items balance-sheet ratios balance sheet board of directors Book Keeping loss book profit book value break-up value break even point (BEP) budget industrial and commercial equipment intangible assets interests earned interests paid inventories - stock inventory inventory accounting - stock accounting inventory book inventory records - stock records inventory turnover index inventory value investment invoicing - billing land and buildings legal reserve liabilities liabilities side limited liability company limited partner - sleeping partner limited partnership liquid assets liquidity long-term financing loss loss on credits major shareholder majority interest majority shareholder to make a list of inventory to manage a company management buy-out memorandum of association minority interest minutes of a meeting net assets net margin net profit non-taxable income on first call one-man business |
buildings tax business consultant - expert in commercial law to call a general meeting capital capital goods capital increase capital loss to capitalize cash cow product cash flow chairman of the board of directors chart of accounts clean factoring closing balance closing stock company - firm company merger company profitability consolidated statement controlling company corporate books corporate purpose corporate tax cost centre cost of goods sold costs and revenues credit to credit an amount credit column - credit side credit note current assets - floating assets day book - journal book debit and credit debit column - debit side debit note debt debtor deed of association - company statute deferred expense - deferred charge deferred income - deferred revenue opening balance sheet opening stock - opening inventory operating loss operating profit ordinary partnership outstanding credits overhead costs - overheads owner's equity owner partner - shareholder patent periodical report personnel costs plant and equipment plant and machinery post a contra-entry pre-tax profit production costs production value professional accountant profit and loss account (GB) - income statement (US) profit distribution provision provision for doubtful accounts proxy vote to put into liquidation quorum to quote a company raw materials inventories real estate records registered office reserve fund - reserve return on investment (ROI) revenue - earnings - incomes revenue tax revenues and expenses rounding down rounding up running costs - operating costs |
deferred tax depreciable assets depreciation depreciation allowance - capital allowance depreciation fund - amortization fund double entry entry entry date equity tax expenditure - outflow - expense expense centre expense receipt extraordinary meeting false accounting false factoring fee to fill in a VAT return final balance finance financial leasing financial management financial resources financial statement financing - funds finished products inventories fiscal year - financial year fixed assets (GB) - capital assets (US) fixed costs fully paid-up capital general accounting general partner general partnership - ordinary partnership goodwill expenses - start-up costs gross margin gross operating margin gross operating profit gross profit in the black income tax industrial accounting cost semifinished goods inventories to set up a company share capital (GB) - capital stock (US) shareholders' calling shareholders' meeting shareholders register stamp duty state-controlled enterprise statement of account - account statement statutory balance stocks and work in progress (GB) - inventories (US) subscribed capital - underwritten capital subsidiary subsidiary company - controlled company substitutive tax take-over tax tax accounting tax assessment tax audit - tax inspection tax base tax credit tax exemption - tax allowance tax payer tax rate tax register tax return - income tax return tax revenue taxable value - assessment taxation taxes and dues temporary balance total current assets trial balance value added tax (VAT) variable costs VAT return - VAT declaration to veto withholding tax year-end inventory |
English for Specific Purposes Core Vocabulary Lists
English for AdvertisingEnglish for Banking and Stocks
English for Book Keeping and Financial Administration
English for Business and Commercial Letters
English for Human Resources
English for the Insurance Industry
English for Legal Purposes
English for Logistics
English for Marketing
English for Production and Manufacturing
English for Sales and Acquisitions
