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UNIT 9
What are Financial Statements?
Learning Objectives
define financial statement
know the purpose of financial statements
read and analyze balance sheet
Teaching Contents
Focus on the Topic
1
Vocabulary Study
2
Reading One
3
Task-driven Practice
4
Reading Two & Writing
5
Pair Work: Discuss the following questions with your partner.
1. What are financial statements and what are the basic types of financial statements?
2. What is the purpose of financial statements?
3. What is the balance sheet composed of and how to analyze it?
Focus on the Topic
1. The following words and phrases are from Reading One. Fill in the blanks with them and change the forms where necessary.
Vocabulary Study
1 The biggest ______________________ of living with a roommate is having to share the bathroom.
2 Critics of nuclear energy have long questioned the _____________________ of nuclear power in earthquake-prone regions like Japan.
3 Mr. Black, _______________________ by his friend, visited the Great Wall.
4 The newspaper made a ______________________ report of his deeds.
5 The State shall ____________________ measures to ensure the steady development of agriculture.
accompany
compensation
drawback
viability
assess comprehensive
extensive
prospective
disclose
adopt
drawback
viability
accompanied
comprehensive
adopt
Vocabulary Study
6 The story had an _______________________ popularity among American readers.
7 As regards inferior quality of your goods, we claim a ___________________________ of US $ 50, 000.
8 McCain said he would soon visit Iraq and Afghanistan to ______________________ the military situations there.
9 He refused to _______________________ his name and address to the police.
10 We have received letters of application from several ____________________________ candidates.
1. The following words and phrases are from Reading One. Fill in the blanks with them and change the forms where necessary.
accompany
compensat