GROUP I
Subject: English IV.
Teacher: Carla Aro
Navarro.
STUDENTS:
SUSAN DELGADO SALAS.
JUDITH GAETE VARGAS.
SERGIO PINO DÍAZ.
TABLE OF
CONTENTS
ARTICLE
03
OVER TO YOU
06
GLOSSARY
10
ARTICLE
BUSINESS SKILLS GIVE YOU THE EDGE
DOES THE ABOVE TEXT RELATE TO THE AUDIT CAREER?
Egress Profile: The Auditor Public Accountant of the University of Valparaiso is a professional of
economic and administrative sciences, who through a systemic vision of the organization and its
environments, acts as minister of public faith in terms of the transparency and reliability of financial
information before the different users of it.
OVER TO YOU
SECTION
SECTION: OVER TO YOU
Do an Internet search of the accountancy firms mentioned in the article. Which areas of
professional training do they provide, and which firm looks the most interesting to work for?
Write a short report.
●
The companies mentioned are KPMG and PwC, both of which offer services that are linked to the same
thing, including: business consulting and advisory, legal and tax advice, and auditing.
PriceWaterhouseCoopers, which has a presence in 158 countries with over 100 years of experience in
Chile, seems to be more interesting on the basis of its history, positioning and way of working.
SECTION: OVER TO YOU
Vocabulary Exercise B lists several non-technical aspects of accountancy work. Explain what they
might involve and whether you think they make the job more interesting.
In order to make the work more enjoyable and interesting, the following aspects can be involved
●
Coaching, so that each person who enters the company is educated and prepared to know what they are
capable of, related to the way they act and react in certain matters.
●
Relationship skills: in order to keep the company as healthy as possible, without differences between peers.
●
Evaluation of employees: in order that each one is valued based on their programmed tasks and their final work
SECTION: OVER TO YOU
Which of the accountancy specialisms mentioned in the article do you think would be the most
interesting to work in? Explain your ideas in a short presentation.
●
The most interesting area to be able to perform is in terms of business consulting, since you have to have
knowledge and mastery to make accurate opinions that help improve the situation of the company as well
as give actions to perform.
GLOSSARY
ENGLISH / SPANISH
English
Spanish
A
Accountancy: the profession or work done by accountants
in keeping the financial records of organizations and in
giving advice to clients on tax and other financial matters.
Contabilidad: la profesión o el trabajo realizado por los
contadores para mantener los registros financieros de las
organizaciones y para asesorar a los clientes sobre
impuestos y otros asuntos financieros.
Accountancy firm: a group of accountants who have
entered into partnership with one another to provide
accounting and auditing services for a fee.
Empresa de contabilidad: un grupo de contadores que se
han asociado para brindar servicios de contabilidad y
auditoría por una tarifa
English
Spanish
A
Accountant: a professional person whose job it is to keep
and check the financial records of an organization, or to
advise clients on tax and other financial matters.
Contador: una persona profesional cuyo trabajo es
mantener y verificar los registros financieros de una
organización, o asesorar a los clientes sobre impuestos y
otros asuntos financieros..
Association: an organized body of people who have an
interest, activity or purpose in common; a society.
Asociación: un cuerpo organizado de personas que tienen
un interés, actividad o propósito en común; una sociedad.
English
Auditing: (1) an official examination of a person's or
organisation's accounts by an expert, to check that they
are true and honest (2) an examination of an organisation's
activities or performance.
Spanish
A
Auditoría: (1) un examen oficial de las cuentas de una
persona u organización por un experto, para verificar que
sean verdaderas y honestas (2) un examen de las
actividades o el desempeño de una organización.
.
English
Spanish
B
Behaviours: the ways that someone or something acts in
different situations.
Comportamientos: las formas en que alguien o algo actúa
en diferentes situaciones.
Business adviser : an expert who gives information to
someone so that they are able to make a good business
decision.
Asesor comercial: un experto que brinda información a
alguien para que pueda tomar una buena decisión
comercial.
English
Spanish
C
Chief Executive Officer (CEO): the manager with the most
authority in the normal, everyday management of a
company. The job of Chief Executive Officer is sometimes
combined with other jobs, such as that of president.
Director Ejecutivo (CEO): el gerente con mayor autoridad
en la gestión diaria y normal de una empresa. El trabajo de
Director Ejecutivo a veces se combina con otros trabajos,
como el de presidente.
Competitive advantage: an advantage that makes a
company more able to succeed in competing with others.
Ventaja competitiva: una ventaja que hace que una
empresa tenga más capacidad para competir con otros.
.
English
Spanish
D
Developing nation: a country that is changing its economy
from one based mainly on farming to one based on
industry.
Nación en desarrollo: un país que está cambiando su
economía de una basada principalmente en la agricultura
a una basada en la industria.
Domestic market: the country you live in or where a
company is based, seen as a place where goods or services
can be sold.
Mercado interno: el país en el que vive o donde se
encuentra una empresa, visto como un lugar donde se
pueden vender bienes o servicios.
English
Emerging market: a market, especially in Asia, Africa and
South America, that is just starting to have influence or
power in trade.
Ethics: moral rules or principles of behaviour that should
guide members of a profession or organization and make
them deal honestly and fairly with each other and with their
customers.
Spanish
E
Mercado emergente: un mercado, especialmente en Asia,
África y América del Sur, que recién comienza a tener
influencia o poder en el comercio.
Ética: reglas morales o principios de comportamiento que
deben guiar a los miembros de una profesión u
organización y hacer que se traten de manera honesta y
justa entre ellos y con sus clientes.
English
Spanish
F
Forensic accounting: when a company's financial records
are officially checked in order to find out if there has been
any illegal activity.
Contabilidad forense: cuando los registros financieros de
una empresa se verifican oficialmente para determinar si
ha habido alguna actividad ilegal.
Future: an agreement to buy or sell something such as a
particular product or raw material, currency or security on
a fixed date in the future at a fixed price.
Futuro: un acuerdo para comprar o vender algo como un
producto particular o materia prima, moneda o seguridad
en una fecha fija en el futuro a un precio fijo.
English
Spanish
I
Insolvency: a situation in which a person or a company
does not have enough money or assets to pay their debts.
Insolvencia: una situación en la que una persona o una
empresa no tiene suficiente dinero o activos para pagar
sus deudas.
International Accounting Standards (lAS): standards for
the preparation and presentation of financial statements
created by the International Accounting Standards
Committee (IASC). The International Accounting Standards
Board (lASB) took over the designing of these in 2001.
Normas Internacionales de Contabilidad (lAS): normas para
la preparación y presentación de estados financieros
creados por el Comité de Normas Internacionales de
Contabilidad (IASC). El Consejo de Normas Internacionales
de Contabilidad (lASB) se hizo cargo del diseño de estos en
2001.
English
Spanish
I
Investment: (1) when money is put into a business, or the
money which is put into the business, with the aim of
making a profit. (2) something you buy, such as shares,
bonds or property, in order to make a profit.
Inversión: (1) cuando el dinero se pone en un negocio, o el
dinero que se pone en el negocio, con el objetivo de
obtener ganancias. (2) algo que compra, como acciones,
bonos o propiedades, para obtener ganancias.
Inward investment: investment in an area, country, etc.
from another area or country.
Inversión interna: inversión en un área, país, etc. de otra
área o país
English
Liability: (1) a balance·sheet term to describe an amount of
money owed by a business to a supplier or lender or the
government (2) a legal obligation to settle a debt or pay
compensation for causing damage to another person or
company
Spanish
L
Responsabilidad: (1) un término del balance general para
describir la cantidad de dinero que una empresa debe a un
proveedor o prestamista o al gobierno (2) una obligación
legal de saldar una deuda o pagar una compensación por
causar daño a otra persona o empresa.
English
Market: (1) Public place with shops or stalls where it is
traded, especially with food and other basic necessities. (2)
Theoretical place where the supply and demand for
products and services are found and the prices are
determined.
Spanish
M
Mercado: (1) Lugar público con tiendas o puestos de venta
donde se comercia, en especial con alimentos y otros
productos de primera necesidad. (2) Lugar teórico donde
se encuentra la oferta y la demanda de productos y
servicios y se determinan los precios.
English
Spanish
P
Private sector: the industries and services that are not
owned by the government.
Sector privado: las industrias y servicios que no son
propiedad del gobierno.
Public sector: the companies, organizations and activities
in an economy that are owned by the government.
Sector público: las empresas, organizaciones y actividades
en una economía que son propiedad del gobierno.
English
Spanish
S
Skill: an ability to do something well, especially because
you have learned and practiced it.
Habilidad: capacidad de hacer algo bien, especialmente
porque lo has aprendido y practicado.
Strategy: a plan or series of plans for achieving an aim,
especially success in business or the best way for an
organization to develop in the future.
Estrategia: un plan o una serie de planes para lograr un
objetivo, especialmente el éxito en los negocios o la mejor
manera para que una organización se desarrolle en el
futuro.
English
Spanish
V
Values: the principles and practices that a business or
organization thinks are important and which it tries to
follow.
Valores: los principios y prácticas que una empresa u
organización considera importantes y que intenta seguir.
Voluntary sector: the part of society that does work for no
pay.
Sector voluntario: la parte de la sociedad que trabaja sin
paga.
English
Workforce: all the people who work in a particular country,
industry or factory.
Spanish
W
Fuerza laboral: todas las personas que trabajan en un
país, industria o fábrica en particular.
SYNTHESIS
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