Name : Patar Saitama Sinaga

Class : A1/ D3 Accounting

Npm : 2001061018

UJIAN AKHIR SEMESTER

BAHASA INGGRIS BISNIS SEMESTER GANJIL 2020

JURUSAN D3 AKUNTANSI

Dosen Pengampu: Sri Suningsih, S.Pd., M.Pd.

1. After having English class for several meetings, and doing interview to the graduates of
accounting, what do you think the best method to learn English for accounting in order to
prepare the students to be ready to work in accounting fields? Give examples of your ideas.

Answer :
In my opinion, the best way to learn accounting english so that you are ready to work in
accounting, namely:

 Learn how to use correct english when talking about numbers, formulas, and
equations.
 Learn how to verify information with client, colleagues, and others.
 Learn how to make comparisons between economic and financial trends.
 How to explain the report to shareholder managers so that it is easy to understand.

2. Each of students has their own ways of learning.You can understand and enjoy learning
English if

Answer :

Learn English by Listening, Watching videos or movies, listening to audio, listening to songs.

Usually I watch movies with subtitles to understand the storyline. Then for the second time,
watch the film without subtitles. Listen carefully and try to understand what the characters
are saying in the film. but I prefer listening to songs than watching movies. This way of
learning English is perfect for improving your foreign language skills faster. Don't just enjoy
the music. But understand what the singer is saying. Listen and understand the lyrics of the
song. Repeat listening several times. Then write the lyrics of the song. After the song lyrics
are finished, I can match the lyrics on the internet. I know what needs to be improved. Do it
by consistently listening to other songs. The more often I do it, my ears will get used to the
pronunciation of English.

3. What do you think about the sub-topics / themes should be emerged in English for
accounting courses that are applied (useful) in the workplace.

Answer :

I think the theme that should appear in business English is how to speak good English and
use accounting terms that are in English well. expertise in English makes it easier for an
accountant to get foreign clients, English is an international language and an accountant must
master it.

MODUL ENGLISH FOR ACCOUNTING

CHAPTER I

.INTRODUCTION OF ENGLISH FOR ACCOUNTING

(Greeting, Introduction of English for Accounting and Jobs in Accounting)

Definition of Accounting in English

First we take the meaning of the American Accounting Association (AAA). Accounting is a
process of identifying, measuring, as well as reporting economic information in order to
allow clear and firm judgment and decision-making for those who use the information. And
secondly, we take the meaning of the America Institute of Certified Public Accountants
(AICPA). Accounting is the art of recording, classifying, composing and expressing in
currency units, various transaction activities and events that are at least financial in nature
and the interpretation of the results. From the two definitions above, in simple terms, we can
summarize the notion of accounting into "the process of identifying, measuring, recording,
and reporting financial economic information that serves to assess as well as make decisions
for those who need it.
Jobs in Accounting

Definitions:
a. Bookkeeping, Bookkeeping is the recording, on a day-to-day basis, of the financial
transactions and information pertaining to a business. It ensures that records of the individual
financial transactions are correct, up-to-date and comprehensive
b. Accountant, a person who trained to prepare and maintain financial records.
c. Tax Accountant, a person who making process that focuses on tax issues -
including filing tax returns and planning for future tax responsibilities - as opposed to the
preparation of financial statements.
d. Internal Audit,an independent, objective assurance and consulting activity
designed to add value and improve an organization's operations. It helps an organization
accomplish its objectives by bringing a systematic, disciplined approach to evaluate and
improve the effectiveness of risk management, control, and governance processes.
e. External Audit, a company audit which is performed by a party which is not a
department or employed by business to be audited, are very commonly performed.
 CHAPTER II

VOCABULARY FOR ACCOUNTING

(Agree and Disagree, Ordinal and Cardinal Numbers and also Vocabulary)

Agree and Disagree

Agree : Have the same opinion and to say that you will do, accept, or allow something that is
suggested or requested by another person
Disagree : Not have the same opinion, idea, etc. Other Examples using agree and disagree:

Ordinal & Cardinal Numbers

Cardinal NumbersIs a number that states the sum of a value. Usually used for the addition of
a certain say or nominal combined with the sum.
Ordinal Number
Ordinal number is a number that represents a stage. Ordinal number refers to a position which

gradually goes from one to another .

a. Account: a record of financial transactions; usually refers to a specific category or

type, such as travel expense account or purchase account.
b. Accountant: a person who trained to prepare and maintain financial records.
c. Accounting: a system for keeping score in business
d. Audit: a careful review of financial records to verify their accuracy.
e. Break even point: the amount of revenue from sales which exactly equals the
amount of expense. Break even point is often expressed as the number of units that must be
sold to produce revenues exactly equal to expenses. Sales above the breakeven point produce
a profit; below produces a loss.
 CHAPTER III

SINGULAR, PLURAL, PHRASE & ACCOUNTING STATEMENT

(Singular, Plural, Phrase and Accounting Statement)

Singular Noun Definition: When a noun means one only, it is said to be singular. For
Examples: boy, girl, book, church, box. Plural Noun Definition: When a noun means more
than one, it is said to be plural. Examples: boys, girls, books, churches
The plural of nouns is usually formed by adding - s to a singular noun.

Phrase
Phrase is a group of words that is part of, rather than the whole of a sentence. There are two
of phrases are an adverbial phrase is the term for two or more words which play the role of
an adverb. Look at these examples:
• • I will sit quietly (normal adverb)
• • I will sit in silence (adverbial phrase)
• • I will sit like a monk meditates (adverbial clause)

When the multi-word adverb contains a subject and a verb (like in this example), it is an
adverbial clause as opposed to an adverbial phrase. In the examples above, all the adverbs tell
us how the person will sit. They are all adverbs of manner. When used to modify a verb, an
adverb (including an adverbial phrase and an adverbial clause) will usually describe when,
where, or how something happens.
When (Adverbial Phrase of Time). An adverbial phrase of time states when something
happens or how often. For example:
• • I'll do it in a minute.
• • After the game, the king and pawn go into the same box.
• • Do not wait for the last judgment. It takes place every day.

Where (Adverbial Phrase of Place).An adverbial phrase of place states where something
happens. For example:
• • I used to work in a fire-hydrant factory. You couldn't park anywhere near the place.

Accounting Statement
The income statement, also called an earnings statement or a profit and loss statement, is an
accounting statement that matches a company’s revenues with its expenses over a period of
time, usually a quarter or a year. The components of the income statement involve a
company’s recognition of income and the expenses related to earning this income. Revenue
less expenses results in a profit or loss. The income statement is a flow measure statement
meaning that each value on an income statement represents the cumulative amount of that
item through the given accounting period. Thus, the revenue on a first quarter income
statement equals the cumulated amount of all sales during the first three months of the firm’s
fiscal year. The revenue on the second quarter income statement equals the cumulated
amount of all sales during the second three months of the firm’s fiscal year. The same applies
to expenses and therefore profits.

Balance Sheet

The balance sheet is a summary statement of what a company owns (or is owed) and what a
company owes (or what others own) at a specific point in time. It categorizes all of a
company’s resources as assets, liabilities, and owner’s equity.
Asset

Within the assets segment, accounts are listed from top to bottom in order of their liquidity,
that is, the ease with which they can be converted into cash. They are divided into current
assets, those which can be converted to cash in one year or less; and non-current or long-term
assets, which cannot. Here is the general order of accounts within current assets.

• Cash and cash equivalents: the most liquid assets, these can include Treasury bills and
short-term certificates of deposit, as well as hard currency
• • Marketable securities: equity and debt securities for which there is a liquid market
• • Accounts receivable: money which customers owe the company, perhaps including
an allowance for doubtful accounts (an example of a contra account), since a certain
proportion of customers can be expected not to pay
• • Inventory: goods available for sale, valued at the lower of the cost or market price
• • Prepaid expenses: representing value that has already been paid for, such as
insurance, advertising contracts or rent
Long-term assets include the following:
• • Long-term investments: securities that will not or cannot be liquidated in the next
year
• • Fixed assets: these include land, machinery, equipment, buildings and other durable,
generally capital-intensive assets
• • Intangible assets: these include non-physical, but still valuable, assets such as
intellectual property and goodwill; in general, intangible assets are only listed on the balance
sheet if they are acquired, rather than developed in-house; their value may therefore be wildly
understated by not including a globally recognized logo, for example - or just as wildly
overstated

Liabilities

Liabilities are the money that a company owes to outside parties, from bills it has to pay to
suppliers to interest on bonds it has issued to creditors to rent, utilities and salaries. Current
liabilities are those that are due within one year and are listed in order of their due date.
Long-term liabilities are due at any point after one year. Current liabilities accounts might
include:

• • Current portion of long-term debt

• • Bank indebtedness
• • Interest payable

Long-term liabilities can include:

• • Long-term debt: interest and principle on bonds issued
• • Pension fund liability: the money a company is required to pay into its employees'
retirement accounts
• • Deferred tax liability: taxes that have been accrued but will not be paid for another
year; besides timing, this figure reconciles differences between requirements for financial
reporting and the way tax is assessed, such as depreciation calculations

Some liabilities are off-balance sheet, meaning that they will not appear on the balance sheet.
Operating leases are an example of this kind of liability.
REFERENCE

Faisal Rahman, SS., M.M, 2016. Bahasa Inggris for Accounting, UNPAM PRESS:
Universitas Pamulang

Frendo, Evan & Mahoney, Sean, 2011. English for Accounting, Express Series, Oxford:
Exford University Press.

James Schofield & Anna Osborn, 2011. Collins, English for Business, Speaking,
Hammersmith : London