CAN THO UNIVERSITY
COLLEGE OF ECONOMICS
---------------------------

ENGLISH FOR FINANCE AND ACCOUNTING
UNIT 9

A CLEAN REPORT
Instructor: M.A Pham Lan Anh

Can Tho, April 2018
1


NAMES
Trần Thị Minh Trúc
Phan Văn Dũng
Kim Nhật Anh Ngư
Tăng Trần Quỳnh Như
Châu Ngọc Thùy Trang
Lê Nguyễn Nhã Tuấn

ORDER
NUMBERS
03
05
09
10
12
13

CHARACTER NAMES

EVALUATION

LISA (Secretary 1)
JOHN (Chief Accountant)
ANNA (Accountanct)
MARRY (Auditor/ Secretary 2)
LYLY (Chief Auditor)
DAVID (CEO)

50%
95%
100%
100%
100%
100%

2


At XYZ commercial bank.
Phone from headquarters to branch bank.
Secretary 1:

Alo! This is a branch of XYZ commercial bank in Can Tho. I’m
Secretary 1. May I help you?

Secretary 2:


Hello! My name is Lucy and I am the secretary of the head office
of XYZ Bank.
In the near future, the bank's head office will need financial
information from its branch banks to complete its annual
financial statements. The board will send an audit team to review
the bank's financial statements on April 13. I inform you so.

Secretary 1:

I am understand. Thank you.

Secretary 2:

No problem. Goodbye

Secretary 1:

Goodbye.

At branch bank.
The secretary knocked on the door of the director's office.
CEO:

Invite.

Secretary 1:

Report the director! I received a call from the headquarters. They
said they would have an audit at our branch bank on April 13


CEO:

I know! Please help me call the chief accountant into here.

Secretary 1:

Yes sir!
The director meets the chief accountant.

Chief Accountant: Director for calling me!

3


CEO:

The chief accountant should prepare me a consolidated financial
statement of our bank's business operations in the past year. The
next week submitted to me.

Chief Accountant: Yes sir! What more do boss need?
CEO:

No! you can go to work.

Chief Accountant: I greet the director!

In the accounting department.
Chief Accountant: We need to prepare a consolidated financial report for the next
week. Accountant will be in charge of reporting to me.

Accountant:

Yes, sir!

The bank chief asked the secretary to prepare the meeting on April 10...
and invite the relevant people to work together.
On the day of the meeting
CEO:

How much progress have you made?

Chief Accountant: Basically, they have completed the financial statements and the
related documents for explanation and then the boss.
CEO:

you guys are strenuous. Then today let's present what we have
done, to see if it is fit and we finish it together.

Accountant:

Please go to the summary of the financial statement, generally
for the past year, banks are profitable. Total assets, capital
increased....

CEO:

Thank you for your explanation. I think it seems complete,
please submit to me as scheduled.

4



April 13
At the meeting room of the company, the audit meeting started at 7:30
am. Director with secretary and 2 accountants are preparing
financial report documents ...
CEO:

You must be very hard today! The report prepared very well, the
board of directors have compliment!

Chief Accountant: Thank you Director! That is our responsibility!
Accountant:

That's right!

CEO:

After the audit today, the bank will have a small party, you join
them offline.

Both Accountants: Yes, sir.
CEO:

It's about time! Are you ready?

Both Accountants: Yes.

Outside the meeting room. The secretary just sang and waited for the
auditor to come. Two auditors arrived.

Secretary 1 :

Hi, I am .... Being in the secretary position. Nice to meet you.

Chief Auditor:

Hello! Nice to meet you.

Auditor:

Hello! Nice to meet you.

Secretary 1:

The director is waiting for you inside. Invite you in

5


In the meeting room, everyone in the meeting room stood up to greet
the audit team. Clerk started introducing:
Secretary 1:

Hello Director! These are two auditors from AFC Vietnam. They
will be in charge of the audit today. This is the director of our
bank! (the clerk hands over to the director)

CEO:

(shaking hands) My name is David Nice to meet you.


Chief Auditor:

Hello Sir! My name is Lyly As chief accountant, And here is
Marry as an auditor .. Nice to meet you.

Auditor:

Hello. We come from AFC Auditing Company Limited. Nice to
meet you.

Secretary 1:

This is the chief accountant and accountant of our bank. (Hands
on two accountants)

Chief Accountant: Hello. My name is John Nice to meet you.
Accountant:

Hello. I am Anna Nice to meet you.

CEO:

Invite everyone to sit. We start working Content: Scenes .... The
secretary delivers the documents to the audit committee.

CEO:

At the end of one year of operation, we have completed the
financial statement, to verify the truthfulness of the report, so we

have a meeting today. Let's take a look.

Secretary 1:

Invitation to account .... explanation of the report.

6


Accountanct:

Last year, Our bank has good business. Detail deposits at the
State Bank increased 2.2 billion VND. Risk provisions decreased
by 29 billion VND.
Interest rate and receivables increased 7.2 billion VND. However,
Total assets reserved 211.5 billion VND. Classification of Loans
at other credit institutions into deposits at other banks were VND
677.4 billion. Payables and liabilities decreased by VND 211
billion. Liabilities and owner capital reserved 211.5 billion VND.
We have detailed statistics on the document.

Chief Auditor:

Thank you for your presentation. We would like to congratulate
you on your good year. The financial statement is quite complete.
However, we need the bank to explain one more detail. Firstly,
for units calculated according to the Accounting Law must be in
VND but your bank's financial statements use a unit of thousand,
this is not appropriate, you need to edit.


Chief Accountant: We accept this error. We will fix it.
Auditor:

Secondly, in terms of other expenses, we noticed a sudden
increase in comparison with the previous year.

CEO:

In the past year, the bank has had a great event celebrating its
50th anniversary. To better understand this activity, I suggest the
chief accountant explain to the accountancy.

Chief Accountant: Other expenses increased mainly due to the cost of organizing
this anniversary event. During the anniversary, the bank offered
many valuable rewards to employees and loyal customers,
especially Support activities to build houses for the poor
households. (the secretary adds the bills to the audit committee).
Therefore, last year there was an increase in cost.
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Auditor:

As for tangible fixed assets, we see a sharp increase over the
previous year, we need the bank explain.

CEO:

In this regard, I would like to invite the chief accountant of the
bank explaining.


Chief Accountant: On behalf of the company I would like to explain this matter as
follows: The value of tangible fixed assets increased to VND 5
billion due to the structure of the bank changed the means to
serve employees in far jobs. This change is part of the bank's plan
to change the face of the bank.
Auditor:

According to previous information, we are aware that the bank
still has many fixed assets have not expired depreciation. Here
are the means of transportation. Is this change really necessary?

CEO:

This change contributes to enhancing the bank's image in society.
At the same time, it creates a professional and classy working
environment for the group of employees who actively contribute
to the operation of the bank.

Auditor:

We understand, thank you.

Chief Accountant : Regarding these errors, our bank will amend and submit the
complete report for you next week.
Chief Auditor:

Yes.

CEO:


Thank you for coming here. coming lunch, everyone can eat
together?

Chief Auditor:

No, we return to complete the audit report, dear sir.

Auditor:

Good bye.

8


Chief Accountant: Bye.

Accountant:

Bye.

Secretary 1:

Please follow me.

After the meeting, two auditors wrote the audit report and sent it to XYZ bank.
Because the bank branches operate effectively, it was rewarded.

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