I. Прочитайте текст и переведите его письменно.

Auditing

The traditional definition of auditing is a review and evaluation of financial records by a second set of accountants. An internal audit is a control by a company's own accountants, checking for completeness, exactness and reliability. Among other things, internal audits are looking for departures from a firm's established methods of recording business transactions. In most countries, the law requires all firms to have their accounts audited by an outside company. An independent audit is thus a review of financial statements and accounting records by an accountant not belonging to the firm. The auditors have to determine whether the accounts give what in Britain is known as a "true and fair view" and in the US as a "fair presentation" of the company's financial position.

Auditors are appointed by a company's most senior executives and advisors, whose choice has to be approved by the shareholders at the Annual General Meeting.

Auditors write an official audit report. They may also address a "management letter" to the directors, outlining inadequacies and recommending improved operating procedures. This leads to the more recent use of the word "audit" as equivalent term for "control": multinational companies, for example, might undertake inventory, marketing and technical audits. Auditing in this sense means verifying that general management instructions are being executed in branches, companies which they control, etc.

Слова и словосочетания:

1. Auditing, audit - ревизия, аудит

2. review- просмотр

3. evaluation - оценка

4. internal audit - внутренняя ревизия

5. to check for - проверять

6. exactness - точность

7. departures - отклонения

8. to belong to - принадлежать

9. to determine - определять

10. true and fair view - правдивое и законное отображение

11. to appoint - назначать

12. senior executives and advisors - вышестоящие руководители и консультанты

13. to approve - одобрять

14. shareholders (GB) or stockholders (US) - акционеры

15. Annual General Meeting - ежегодное общее собрание

16. to outline - обрисовать в общих чертах

17. inadequacies -- несоответствие требованиям

18. improved operating procedures - усовершенствованная методика проводимых операций

19. to lead - приводить к чему-л.

20. inventory — инвентаризация

21. verifying - подтверждение

22. to execute - выполнять

II. Найдите в тексте и переведите на английский язык следующие словосочетания:

• оценка финансовых записей:

• контроль, проводимый собственными бухгалтерами компании;

• независимая ревизия;

• одобренный акционерами;

• писать официальный аудиторский доклад;

• более новое использование слова «аудит»;

• брать на себя маркетинговые и технические аудиты;

• главные инструкции по управлению.

III. Ответьте на следующие вопросы к тексту.

1. What is auditing?

2. What are internal auditors looking for?

3. Whom are auditors appointed by?

4. Auditors write an official audit report, don't they?

5. What does the equivalent term for "control" mean?