FINANCIAL

CONTROL
UNIT 7
EVA SERVANO
CASE STUDY
SPEAKING
VOCABULARY WORDS
READING
CONTEN
TS
FINANCIAL CONTROL
refer to the development of policies and procedures by an organization:

- to manage its financial resources and operate efficiently

-essential for cash flow management, budgeting, and the prevention of

any fraud or theft.

-to enables the business to track and oversee its financial activities to

grow and prosper

READING

READING: WHY IT IS TRENDY

TO BECOME A FUTURE
ACCOUNTANT?
DO ACTIVITIES 4 AND 6
 BALANCE SHEET

-GIVES A THOROUGH AND

ACCURATE FINANCIAL POSITION

3 FINANCE
CONTROLS INCOME STATEMENT

CASH FLOW STATEMENT

THE 1ST STEP

-to assess the company’s correct

financial performance in terms of

sales, profitability and cash available.

 VOCABULARY WORDS
DEFINING WORDS

DO THE FOLLOWING ACTIVITIES

2 3
BALANCE SHEET
a record of a
company's assets
(what it owns),
liabilities (what it
owes) and equity
(what would be left if
all the assets were
sold and all the
debts paid
S P E A K I N G - C O M M U N I C AT I N G I N M E E T I N G
Decide what action you would recommend in each

situation. Make notes on your ideas.

1 Levels of executive pay have been rising in your

industry. This makes recruitment difficult for your

firm. How should you respond?

2. Your firm has been criticised for employing too

few women. How could you change this situation?

PAIR WORK
CASE STUDY
CAR-GLAZER
a car glass repair and replacement business

DO ACTIVITY 4.
 WHAT A. B. C. OTHERS
SHOULD BE TEMPORARY DISMISSAL
DONE TO SUSPENSION
FILIP NOVAK?
Thank you
REVIEW THE UNITS FOR THE FINAL TEST.

REVIEW.

GOD BLESS US.