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行业英语翻译模板:

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Unit1FinanceandAccounting

TextA

Accounting:TheBasisforBusinessDecision

Accountingistheinformationsystemthatmeasuresbusinessactivities,processes

thatinformationintoreports,andcommunicatestheresultstodecisionmakers.

Accountingisnotthesameasbookkeeping.Bookkeepingisaprocedurein

accounting,justasarithmeticisaprocedureinmathematics.Accountingisoften

calledthelanguageofbusiness.“”Thebetteryouunderstandthislanguage,thebetter

yourbusinessdecisionswillbe,andthebetteryoucanmanagethefinancialaspectsof

living.Personalfinancialplanning,educationexpenses,loans,carpayments,1income

taxes,andinvestmentsarebasedontheinformationsystemthatwecallaccounting.

Todaypeopleusecomputerstododetailedbookkeeping—inhouseholds,

businesses,andorganizationsofalltypes.Theprocessstartsandendswithpeople

makingdecisions.Virtuallyallbusinessesandmostindividualskeepaccounting

recordstoaidinmakingdecisions.

Individuals

Peoplesuchasyouuseaccountinginformationtomanagebankaccounts,

evaluatejobprospects,makeinvestments,anddecidewhethertorentorbuyahouse.

Businesses

Businessmanagersuseaccountinginformationtosetgoalsfortheirorganizations,

toevaluateprogresstowardthosegoals,andtotakecorrectiveactionifnecessary.

Decisionsbasedonaccountinginformationmayincludewhichbuildingtopurchase,

howmuchmerchandisetokeeponhand,andhowmuchcashtoborrow.

Investors

Investorsprovidethemoneyabusinessneedstobeginoperations,Todecide

whethertoinvestina

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