Unit 4: Vocabulary

Please study the 15 vocabulary below and press the 'Mark Complete' button.
US
UK
balance sheet
a document which summarizes the assets, liabilities and equity of a business entity at a given time
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UK
The analysis of balance sheets for the last three months showed an increase in the value of the company.
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UK
CPA (certified public accountant)
the American and Australian equivalent of a Chartered accountant
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UK
After James passed his exams, he became a certified public accountant.
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UK
CFO (chief financial officer)
the most senior financial manager, responsible for overseeing the financial activities of the entire company
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UK
The board of directors were satisfied with the CFO's explanation of the unexpected loss reported in the accounts.

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