Upper-Intermediate
1. TASK:
Insert the appropriate word in the text below:
accuracy - budget - comfortable - competition - compliance - consulting - directing - evaluates - financial - forecasting - grow - on - put in - qualified - reporting - supervise
Job Outlook for Chief Financial Officers
The U.S. Bureau of Labor Statistics (BLS) predicts employment in the accounting profession will ___________ much faster than other occupations. With growth of more complex financial ___________ requirements, demand for ___________ CFOs who can plan and implement an organization’s ___________ strategy is rising. There will be much ___________.
Job Duties
An organization’s chief financial officer is typically responsible for planning, ___________ and controlling its financial activities. This often includes direct control of all accounting, finance, job costing, ___________, strategic planning, and regulatory and legal ___________.
As a key member of the executive management team, the CFO continuously ___________ short- and long-term strategic financial objectives. They also ensure departmental credibility: they verify ___________ of financial trends and forecasts, and oversee ___________ planning and analysis.
They also provide ___________ services and advise executives ___________ cost management and financial implications of business activities. The chief financial officer may ___________ a small staff, or one or more departments, depending on the organization.
The CFO usually works in a ___________ office environment. Travel could be required, particularly in large national or international firms. At fiscal year end or tax time, accounting personnel, including chief financial officers, may be required to ___________ extra hours to meet deadlines.
|
accuracy |
ˈækjərəsi |
точность |
|
competition |
ˌkɔmpəˈtɪʃən |
конкуренция |
|
compliance |
kəmˈplaɪəns |
соответствие |
|
to direct |
tə dɪˈrekt |
направлять, руководить, управлять |
|
to evaluate |
tuː ɪˈvæljueɪt |
оценивать |
|
experience |
ɪkˈspɪəriəns |
опыт |
|
forecast |
ˈfɔːkɑːst |
прогноз |
|
to put in |
tə ˈput ˈɪn |
вкладывать |
|
qualified |
ˈkwɔlɪfaɪd |
квалифицированный |
|
to report |
tə rɪˈpɔ:t |
отчитываться |
|
to supervise |
tə ˈsjuːpəvaɪz |
контролировать, осуществлять надзор |
|
to predict |
tə prɪˈdɪkt |
предсказывать, прогнозировать |
|
requirement |
rɪˈkwaɪəmənt |
требование |
|
objective |
əbˈʤɛktɪv |
цель |
|
to ensure |
tə ɪnˈʃuə |
обеспечивать, гарантировать |
|
credibility |
ˌkrədəˈbɪləti |
надёжность; доверие |
|
to verify |
tə ˈverɪfaɪ |
проверять, выверять |
|
to oversee |
tə ˌəuvəˈsiː |
контролировать |
|
executive |
ɪgˈzekjutɪv (ɪɡˈzekjətɪv) |
должностное лицо, руководитель |
|
financial implications |
faɪˈnænʃəl ˌɪmplɪˈkeɪʃənz |
финансовые последствия |
|
particularly |
pəˈtɪkjələli |
в частности |
|
to meet a deadline |
tə ˈmiːt ə ˈdedlaɪn |
закончить работу в назначенный срок |
3. SEE CORRECT ANSWER
Job Outlook for Chief Financial Officers
The U.S. Bureau of Labor Statistics (BLS) predicts employment in the accounting profession will grow much faster than other occupations. With growth of more complex financial reporting requirements, demand for qualified CFOs who can plan and implement an organization’s financial strategy is rising. There will be much competition.
Job Duties
An organization’s chief financial officer is typically responsible for planning, directing and controlling its financial activities. This often includes direct control of all accounting, finance, job costing, forecasting, strategic planning, and regulatory and legal compliance.
As a key member of the executive management team, the CFO continuously evaluates short- and long-term strategic financial objectives. They also ensure departmental credibility: they verify accuracy of financial trends and forecasts, and oversee budget planning and analysis.
They also provide consulting services and advise executives on cost management and financial implications of business activities. The chief financial officer may supervise a small staff, or one or more departments, depending on the organization.
The CFO usually works in a comfortable office environment. Travel could be required, particularly in large national or international firms. At fiscal year end or tax time, accounting personnel, including chief financial officers, may be required to put in extra hours to meet deadlines.
Цей та багато інших цікавих матеріалів Ви знайдете в
підручнику “Practical Financial English”
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