Study Guide for the Financial Professional English Certificate Examination. Intermediate · Accounting: Intermediate · Accounting

Author: Shen Suping
Publisher:
Publish Date: 2003-05-01
Features: The Financial Professional English Certificate Examination is the first national-level industry-specific English certificate examination system established by the People's Bank of China and the former Ministry of Education in 1994, including two levels: preliminary and intermediate. This examination system provides a good standard for assessing the comprehensive English proficiency of financial professionals, while also offering a learning goal and evaluation method for those aspiring to work in finance. The main content of this book includes: An Initial Understanding of Accounting (Part 1), An Initial Understanding of Accounting (Part 2), Accounting and the Accounting Cycle, Accounting Principles, Business Accounting, Accounting Procedures for Assets and Liabilities, Accounting for Sole Proprietorships and Partnerships, Accounting for Limited Liability Companies, Non-Business Enterprises, Incomplete Records and Lease-to-Purchase Accounting, Cost Behavior, Break-Even Analysis, Absorption Costing and Marginal Costing, Budgetary Control, Cost Accounting Concepts Related to Decision Making, Financial Statement Analysis, Cash Flow Statement, Appendix I: After-Class Exercises and Reference Answers, Appendix II: Sample Questions and Reference Answers.