Vermont avenue, N.W. washington, D.C. 20571

811 vermont avenue, N.W. washington, D.C. 20571

аспирантура (канд. экз.)

Экзаменационный билет (на 2 листах) по дисциплине

английский язык

(специальность: бухгалтерский учет; статистика)

Task I. Translate from English into Russian in writing using a dictionary. Your time is 45 minutes

The system of corporation tax

Scope of the tax

Corporation tax ('CT') is charged on the profits (computed as described in the next chapter) of a company for an accounting period. The term 'company' includes an unincorporated body, such as a club, but not a partnership.

A company's residence status determines whether or not it is charge­able to CT in respect of the whole of its profits. If a company is resident in the UK for CT purposes (as explained in chapter 10.1(a)), and this includes most companies incorporated in the UK, it is chargeable to CT on all its sources of income, and chargeable gains, wherever arising and whether or not remitted to this country.

A non resident company will, broadly, only be chargeable to CT on its profits derived from trading operations in the UK and chargeable gains arising from the disposal of UK assets used for such operations, although other income derived from sources in this country will, subject to the terms of any relevant double tax treaty, be liable to income tax. It is a question of fact as to whether a non-resident is trading in the UK. Whilst the fact of contracts being made in the UK is important, probably of more importance is the place where the operations take place from which the trading profits in substance arise; however, this is again subject to any relevant double tax treaty between the UK and the country of residence of the overseas company.

2.2 Rates of corporation tax

(a) Rates

To enable companies to plan ahead, rates of CT are fixed annually, in advance, for a financial year, from 1 April to the following 31 March. Thus the Finance Act 1990 fixed the rate of CT for the period from 1 April 1990 to 31 March 1991 at 35%.

If a company's accounting period straddles 31 March it is necessary to apportion its profits on a time basis to ascertain the amounts subject to the particular rates of CT.

Task II. Translate the letter from English into Russian without a dictionary. Your time is 5-7 minutes

To: Ms Rodoula Ath. ZICCI

Deputy Minister of National Economy

28 January 2000

Dear Ms Zicci

Herewith I am glad to write in accordance with my forthcoming visit to Greece as a participant to ASIA FORUM 2000 which is to be held in Thesalloniki on 7-8 February.

I was a great pleasure to meet you during my visit to Athens in July.

Taking the chance of going to Greece I would greatly appreciate if you could find a few minutes in your dense business schedule and meet me and discuss the issues of mutual interest.

Thank you in advance for your kind cooperation and assistance.

Looking forward to meeting you, I remain

Sincerely yours

Gennady Bogachev

Deputy Minister

аспирантура (канд. экз.)

Экзаменационный билет (на 2 листах) по дисциплине

английский язык

(специальность: бухгалтерский учет; статистика)

Task I. Translate from English into Russian in writing using a dictionary. Your time is 45 minutes

The requirements of both the Act and SSAP 17 will he satisfied if the directors minute their approval of the financial statements at a hoard meeting and include, at the foot of the balance sheet, a note along the following lines:

The pages of the financial statements that are being approved should normally include, where applicable, any supplementary accounts or other financial statements (such as a value added statement or current cost information). The reason for this is that the directors should acknowledge their responsibility for .any such financial information that is presented.

Alternatively, a similar statement may be included in the directors' report (for example, see Table 88). But when this alternative presentation is adopted, the Act still requires a director to sign the balance sheet of the company.

approval OF ACCOUNTS

The accounts on pages 12 to 25 were approved on 11th April, 1989, by the Board of Directors, who authorised two Directors to sign the accounts on behalf of the Board.

The Act also requires the directors' report to be approved by the board of directors and signed by one director or by the company's secretary. The approval and signing of directors' reports are considered further in chapter 20 paragraphs 20.42 to 20.44.

Where a parent company prepares consolidated financial statements in accordance with the Act, it is not required to include its own profit and loss account in the group's consolidated financial statements (see further 'Manual of Accounting - volume II' chapter 4). In this situation, the company's individual profit and loss account must be approved by the board of directors and signed on behalf of the board by a director of the company in accordance with section 233(1).

Task II. Translate the letter from English into Russian without a dictionary. Your time is 5-7 minutes

To: Mr Joe Smith

Director General

Fair Trade Commission

USA

Re: New Informational and Communication Technologies. Review and Perspectives