Text 4 the faculty of accounting at the moscow university of consumer cooperatives

Exercise 4.1

Study the vocabulary:

1	а course	1	курс
2	acute	2	гострий
3	available	3	наявний
4	applicants	4	претенденти
5	CIS countries	5	країни СНД
6	to date from	6	відноситися до певного часу
7	entry	7	вступ
8	ethics	8	етика
9	extramural	9	заочний
10	to exceed	10	перевищувати
11	external	11	зовнішній
12	full-time students	12	студенти денного відділення
13	goods management	13	товарознавство
14	internal	14	внутрішній
15	IT systems	15	системи інформаційних технологій
16	theory	16	теорія
17	valuation techniques	17	методи оцінки

Exercise 4.2

Read and translate the text:

The faculty of accounting at the MUCC offers a course in accounting, auditing and IT systems in business. The course of studies lasts for five years for full-time students and six years for the students of the extramural department. Training is done by lectures and seminars. The level of training is high thanks to a combination of theoretical knowledge and practice.

The faculty dates from the 20s of the last century. It was created in the first years of soviet power, when there was an acute shortage of qualified accountants in this country. Since those days the faculty has trained thousands of accountants for different branches of the economy. It gradually grew in size and at present it is one of the largest at the University. The entry requirements are high, but still the number of applicants generally exceeds the number of places available.

The first year gives students a basic knowledge of the business context in which accounting takes place. They study economic theory, economic geography, ethics, higher mathematics, foreign languages etc. The second-year programme includes accounting theory, informatics, marketing, management, finance, goods management etc. In the 3rd and the 4th year great emphasis is given to the study of financial and business accounting, internal and external auditing, law and economic analysis. Much time is spent on expanding students' conceptual knowledge, and they are also taught how to use valuation techniques in assessing the results of business performance. Much attention is paid to the study of computer technologies. Computer skills are very important for future accountants. At the end of the course of studies the students take state final examinations and those who pass these exams successfully get a diploma. After graduation they work as accountants or assistant auditors in different businesses, firms, government agencies, auditing companies and the like.

The accounting faculty at the MUCC enjoys popularity with the young people who would like to be accountants. The students of the faculty come from different parts of Russia and CIS countries.

Exercise 4.3

Read the text again and choose the best variant:

1. The faculty of accounting offers…

1. a course in bookkeeping

2. a course in psychology

3. a course in accounting, auditing and IT systems in business

2. The level of training at the MUCC…

   1. is high

   2. is usual and reflects the knowledge in practice only

   3. is low

3. The faculty entry requirements are…

1. low

2. high

3. not so high

4. Much attention is paid the study of…

1. cybernetics technologies

2. mathematical technologies

3. computer technologies

5. The students of the faculty come from…

1. Ukraine

2. Russia

3. different parts of Russia and CIS countries

Exercise 4.4

Fill in the gaps from the table then read and translate:

applicants training exceeds extramural entry level shortage offers requirement course

The faculty of accounting at the MUCC …1…a course in accounting, auditing and IT systems in business. The …2…of studies lasts for five years for full-time students and six years for the students of the …3… department. …4… are done by lectures and seminars. The …5… of training is high thanks to a combination of theoretical knowledge and practice.

The faculty dates from the 20s of the last century. It was created in the first years of soviet power, when there were an acute …6… of qualified accountants in this country. Since those days the faculty has trained thousands of accountants for different branches of the economy. It gradually grew in size and at present it is one of the largest at the University. The …7…,…8… are high, but still the number of …9… generally …10…the number of places available.

Exercise 4.5 Read the text again and choose the best answer:

1. What course does the accounting faculty at the MUCC offer?

3. a course in accounting

4. a course in auditing

5. a course in accounting, auditing and IT systems in business

2. How long is the course of studies?

3. lasts for four years

4. for five years

5. for five years for full- time students and six years for the students of extramural department

3. What is the training based on?

3. training is based on seminars

4. training is based on lectures and seminars

4. When was the accounting faculty created?

3. it was created in 2001

4. it was created in the first years of soviet power

5. What is the accounting faculty like at present?

3. doesn’t enjoy a wide popularity

4. enjoys popularity with young people

6. What do the students of the accounting faculty study in the first year?

1. the basic economic subjects

2. marketing and management

7. Where do the graduates of the accounting faculty work?

1. in different branches of agriculture

2. in the sphere of medicine

3. in different spheres of business, firms, government agencies, auditing companies