English Learning Guide

Competency 1
Unit 5: Accounting
Workshop 1
Centro de Servicios Financieros- CSF

Name: Cohort: Date:

Training program: Instructor:

BASIC ACCOUNTING CONCEPTS/COMMERCIAL DOCUMENTS- VOCABULARY/ COST ACCOUNTING

This workshop attempts to enhance your accounting knowledge and it deals with basic accounting
concepts such as accounting-job-positions and functions, this workshop was created regarding
people you might work with in a regular work environment.

Objectives: from the development of these activities, you will be able to Identify back office
accounting personnel, analyze accounting personnel and function and discuss about basic
accounting concepts.

1. a. Match these accounting firms with their definition1.

A. Public Accounting 1. firms typically employ Certified Public

Accountants (CPAs).

B. Tax Accounting 2. firms use accounting skills and legal

policies to uncover fraudulent and illegal
activities.

C. Forensic accounting 3. firms complete fundamental accounting

tasks for small and medium-sized companies.

D. Bookkeeping 4. firms focus on tax preparation and

planning for companies of all sizes, and also
for individuals.

1
Retrieved from: https://smallbusiness.chron.com/types-accounting-firms-17677.html adapted and used
by SENA. Images retrieved from: https://smallbusiness.chron.com/types- accounting-firms-17677.html
GC-F -005 V. 01
 English Learning Guide
Competency 1
Unit 5: Accounting
Workshop 1
Centro de Servicios Financieros- CSF

b. Look images with the concepts above

3. Listening practice

Before watching the video, answer these questions:

- find the definition of “profit” and give some examples. (3)
- look into a dictionary the concepts of internal, external, and government.
- Discuss what’s the relation between the government and companies?

www.vocaroo.com

4. Create a job position advertising for an accountant. As shown in the example

5. Look for the meaning of the following vocabulary:  

Savings/ withdrawal/ withdrawal form/ amount/ balaerest-bearince/ intng/   

Passbook/statement/transaction/ overdraft/ ledger/ opening balance/

Now, watch the following video about “The Difference between a Savings and Current Account”
at:  https://www.youtube.com/watch?v=D740SawepFU 

Based on the information presented, write at least 3 features/ characteristics for savings account
and  Current accounts.  
 SAVINGS CURRENT ACCOUNT
ACCOUNT 

2.1.2 Taking into account the information from the video and your personal experience, answer
these  questions: 

- If a Company came to you asking for what the best account bank for the Company, what would  you
suggest? 
______________________________________________________________________________ 

- If a person came to you asking for what the best account bank for him/her, what would you 
suggest? 
______________________________________________________________________________ 

- What is the average rate of interest that most of the banks use in Colombia?
_____________________________________________________________________________