1. TASK: Insert the appropriate word in the text below:
evaluative - finance - management - markets
organization - recording - security - transactions
What is the difference between a Finance and Accounting Degree?
The main difference between the two disciplines is that those who work in ___________ typically focus on planning and directing the financial ______________________ for an organization, while those who work in accounting focus on ______________ and reporting on those transactions.
Accounting is the _________ and management of financial information; finance is the _____________________ of money.
So the coursework in undergraduate school, after basic requirements, point students in different directions. The concentration for a finance degree is more mathematics-intensive and focused on financial ____________, portfolio and investment management theory, financial management, investments and _____________ analysis and valuation. Courses for finance degrees are often more ______________ and analytical than accounting courses.
2. CHECK YOUR SPEAKING
|
evaluative |
[ ɪˈvæl.ju.eɪt ] |
оцінний |
|
finance |
[ ˈfaɪnæns ] |
фінанси |
|
management |
[ ˈmænɪdʒmənt ] |
управління |
|
markets |
[ ˈmɑː.kɪt ] |
ринки |
|
organization |
[ ˌɔːɡənaɪˈzeɪʃn ] |
організація |
|
recording |
[ rɪˈkɔːdɪŋ |
реєстрація |
|
security |
[ sɪˈkjʊərəti ] |
безпечність, надійність |
|
transactions |
[ trænˈzæk.ʃən ] |
операції |
3. SEE CORRECT ANSWER
What is the difference between a Finance and Accounting Degree?
The main difference between the two disciplines is that those who work in finance typically focus on planning and directing the financial transactions for an organization, while those who work in accounting focus on recording and reporting on those transactions.
Accounting is the organization and management of financial information; finance is the management of money.
So the coursework in undergraduate school, after basic requirements, point students in different directions. The concentration for a finance degree is more mathematics-intensive and focused on financial markets, portfolio and investment management theory, financial management, investments and security analysis and valuation. Courses for finance degrees are often more evaluative and analytical than accounting courses.
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в підручнику “Practical Financial English”
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