English for Accounting Meeting 1

Accounting
The role of accounting in the advancement of the growth of economy now a day is very important. It`s role is influential enough to decide something in order that someone can avoid the big loss. The activities done in accounting activity involves, the activity to record, to report, and to interpret the basic data of economy to the interest of individual business man, government, and the other members of the society. In this matter there some definitions given by many experts of accounting. One of those definitions taken from American Institute of Certified Accountants (AICPA). The followings are the series of words that describe the definition. Accounting is the activity of the process of recording, classifying, and summarizing the financial transaction that happens in organization and record, report, and interpret its result. The above mentioned accounting is not merely meant to get the profit as a matter of fact; the use of accounting is deadly needed by both the internal and external party.

Questions
How is the role of accounting towards the growth of economy today? Why is its role influential enough? What are the activities done in accounting? From where is one of the definitions taken? What is the definition of accounting according to AICPA?

Vocabulary
Accounting Creditors Incurring Notes Supplies Acquisition Customers Internal Process Terms Analysis Dealings Interpret Property Transaction Business Debts Issues Launch Measurement Merchandise Monetary Purchase Receipt Recording Services External Disbursement Transfer Classify

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20.

They store the supplies in the The accountant records and external business dealings. The company their money from City bank to BCA The creditors are going to pay their A business company sell commodities or The have to pay their debts. They want to a new building for their head quarter She works in a company The companies sell their in installment The proper system helps the company to grow. What is the unit of used in this system, Peso or Dollar? They always try to follow the new in business. The company tries to serve all of its well. They need to purchase ne office The company is small but very active. It makes a lot of business The accountant must record all of the of payment. The accounting data helps the managers make financial A is the form of a building or a plant? The of the new building cost a lot of money? Rupiah is a unit of measurement.

Fill in blank

Subject verb agreement

Basic Principle: Singular subjects My brother

+ singular verbs; is an artist.

Plural subjects + plural verbs. My sisters are mathematicians.

anyone, everyone, someone, no one, nobody .

+ singular verbs

Everyone has done his or her homework. Somebody has left her purse.

all, some are singular or plural countable or not? Some of the beads are missing. Some of the water is gone

Each is + singular verb.

Each of the students is responsible for doing his or her work in the library.

 Phrases such as together with, as well as, and along with are not the same as and. The mayor as well as his brothers is going to prison. The mayor and his brothers are going to jail.

 Neither and either + singular verbs

Neither of the two traffic lights is working. Which shirt do you want for Christmas? Either is fine with me

When nor or or is used, the subject closer to the verb determines the number of the verb. Either my father or my brothers are going to sell the house. Neither my brothers nor my father is going to sell the house. Are either my brothers or my father responsible? Is either my father or my brothers responsible?

The words there and here are never subjects. There are two reasons [plural subject] for this. There is no reason for this. Here are two apples.

Sometimes modifiers will get between a subject and its verb, but these modifiers must not confuse the agreement between the subject and its verb.

The mayor, who has been convicted along with his four brothers on four counts of various crimes but who also seems, like a cat, to have several political lives, is finally going to jail.

Words such as glasses, pants, pliers, and scissors are regarded as plural (and require plural verbs) unless they're preceded the phrase pair of (in which case the word pair becomes the subject).
My glasses were on the bed. My pants were torn. A pair of plaid trousers is in the closet.

 Some words end in -s and appear to be plural but are really singular and require singular verbs. The news from the front is bad. Measles is a dangerous disease for pregnant women.

Sums and products of mathematical processes are expressed as singular and require singular verbs Two and two is four. Four times four divided by two is eight

if your sentence compounds a positive and a negative subject and one is plural, the other singular, the verb should agree with the positive subject.
The department members but not the chair have decided not to teach on Valentine's Day. It is not the faculty members but the president who decides this issue. It was the speaker, not his ideas, that has provoked the students to riot.

1. The piano as well as the pipe organ ____________ to be tuned for the big concert. HAS/ HAVE 2. The mayor together with his two brothers ____________ going to be indicted for accepting bribes. ARE/IS 3. Neither of my two suitcases ____________ adequate for this trip. IS/ARE 4. There ____________ a list of committee members on the head-table. ARE/IS 5. Everybody in the class ____________ done the homework well in advance. HAS/HAVE 6. The jury ____________ their seats in the courtroom. TAKE/TAKES 7. Neither the teacher nor the students ____________ to understand this assignment. SEEM/SEEMS 8. ____________ either my father or my brothers made a down-payment on the house? HAS/HAVE 9. Hartford is one of those cities that ____________ working hard to reclaim a riverfront. IS/ARE 10. Some of the grain ____________ gone bad. HAVE/HAS 11. John or his brother ____________ going to be responsible for this. ARE/IS 12. A few of the students ____________ doing so well they can skip the next course. ARE/IS 13. Either the Committee on Course Design or the Committee on College Operations ____________ these matters. DECIDE/DECIDES 14. One of my instructors ____________ written a letter of recommendation for me. HAVE/HAS

Words that have more than one meaning

Interest: tertarik, minat, bunga Flat: pesek, kempes, apartemen, hampa Fire: kebakaran, api, memecat Better: lebih baik, atasan, memperbaiki Spring: melompat, mata air, musim semi Water: air, menyiram Well: baik, dengan baik, sumur, berlinang Can: kaleng, bisa, mengalengkan Like: suka, seperti Ape: monyet, mengejek Wind: angin, melingkar Book: buku, memesan Ball: bola, pesat Mean: maksud, arti, alat, jahat

1. The well is very deep 13. 2. Her tear wells slowly 14. 3. Those snakes wind on the 15. twig 16. 4. My better is very kind to me 17. 5. They will better my house 18. 6. The accountant waters the 19. flowers 20. 7. They will all their money 8. The can is new 9. The creditors can some fruit 10. Toni is like Tono 11. They always ape me 12. They will fire me

Her nose is flat My tire is flat They book some tickets We go to the ball at five Its interest is 10% a year What do you mean? It means noting to me Language is a means of communication