Summary Vocabulary Unit 1-9

English Vocabulary
Unit 1



Auditing checking an organisation’s activities or performance or examining a person’s or
organisation’s accounts to make sure that they are true and honest.
(controle afdeling)

Tax accounting preparing a person’s or companies financial information in order to calculate the
proportion of their profit which they must pay to their government
(fiscal boekhouding)

Insolvency an accountant working in this area acts for a person or company that is no longer
able to pay their debts or a company whose liabilities exceed its assets
(onmogelijk om schulden te betalen)

Forensic accounting when a company’s financial records are officially checked because illegal activity is
suspected
(forensische boekhouding)



Insolvency schulden niet kunnen betalen

Relationship relaties

Team-manager verantwoordelijk person voor groepen

Auditing controle

Forensic controle op illegal feiten

Employee appraisal werknemer beoordeling



EXPLANATIONS

Occurring at the beginning not just about the initial qualification.

Consequences have huge financial implications

never-ending There is an inexhaustible demand