English Language (First Semester) First-Year Common Core – Finance and Accounting Instructor: Dr. Mohamed Diab Academic Year: 2024/2025

English Language (First Semester) First-Year Common Core – Finance and Accounting

Prepared by:

      Dr. Mohamed Diab

Target Audience:

      First-Year Common Core – Finance and Accounting

Brief Description

This handout is designed to provide students with practical and theoretical English language skills tailored specifically for the fields of finance and accounting. The content spans the first semester, covering 14 lessons that address essential concepts, terminologies, and practices within the financial and accounting sectors. Students will enhance their vocabulary, reading comprehension, and written and spoken communication skills in a professional context.

Targeted Community

This material is tailored for bachelor students  specializing in finance and accounting. It aims to prepare them for global professional environments where English is the primary medium of communication in finance and accounting.

General Objectives

  1. Equip students with specialized English vocabulary and concepts in finance and accounting.
  2. Develop students’ ability to comprehend, analyze, and interpret financial documents in English.
  3. Enhance students' proficiency in writing and presenting financial information in English.
  4. Foster communication skills for interacting in professional financial and accounting settings.

General Objectives in Terms of Measurable Action Verbs

By the end of this course, students will be able to:

  1. Identify and define essential financial and accounting terminologies.
  2. Interpret and analyze financial statements and documents.
  3. Write structured reports and presentations in English on financial topics.
  4. Compare and contrast different banking systems, including Islamic and conventional.
  5. Apply technical vocabulary to solve accounting problems and discuss financial strategies.

Contact Form and Course Information

Instructor Name: Dr. Mohamed Diab

Email: mohamed.diab@univ-msila.dz

Course Location: Finance Department, University of Mohamed Boudiaf, M'sila

Prerequisites

Students should have a basic understanding of general English, equivalent to an intermediate level (B1/B2), and foundational knowledge of finance and accounting concepts.

Possible Prerequisite Test

A preliminary test may be conducted to assess students’ current English proficiency and their familiarity with basic financial and accounting terminology.

Global Plan

Semester 1

  1. Lesson 01 – Money and its Related Words

  2. Lesson 02 – Business Finance

  3. Lesson 03 – Accounting, Auditing and International Accounting

  4. Lesson 04 – Fundamentals of Bookkeeping

  5. Lesson 05 – Fundamental Assumptions and Principles of Accounting

  6. Lesson 06 – Understanding Depreciation and Amortization

  7. Lesson 07 – Auditing: Internal, External, and Detecting Irregularities

  8. Lesson 08 – The Balance Sheet 1

  9. Lesson 09 – The Balance Sheet 2

  10. Lesson 10 – The Balance Sheet 3

  11. Lesson 11 – Profit and Loss Account and Cash Flow

  12. Lesson 12 – Key Financial Ratios

  13. Lesson 13 – Profitability and Leverage Ratios

  14. Lesson 14 – Cost Accounting Essentials