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Absolute Financial English is a new coursebook for students following a course of study in Financial English, written in particular for candidates preparing for Cambridge ICFE. Written by Julie Pratten it contains 10 units which provide over 60 hours of teaching material. Each unit is divided into four sections with each section covering one of the four skills; closely following the organization of Cambridge ICFE. Absolute Financial English contains an introductory unit which describes the ICFE exam in detail including an introduction to each paper. Absolute Financial English includes a SKILLS focus and an EXAM focus in every section of each unit, so both language and exam skills are introduced and practiced in a stimulating and methodical way. Absolute Financial English provides extensive practice of the text types and tasks featured in the exam. Absolute Financial English contains tips and hints to assist candidates with each section of the exam. Absolute Financial English focuses on training, not testing. Absolute Financial English can be used successfully in class and also for self-study. Absolute Financial English comes with an Audio CD and includes a Language Bank of Useful Language, as well as all tape scripts and the answer key.Contents About the exam Introduction to the four ICFE papers / Exam hints / Time Management Unit 1 Introduction to ICFE Accounting Standards / Accuracy of Accounts / History of Accounting Unit 2 The Financial Environment Financial Institutions / Developments in Accountancy / Chartered Accountancy Unit 3 Accounting systems Accounting Qualifications / Accounting Software / Accounting Interviews Unit 4 Company Performance Financial Statements / Company Reporting / Disclosure Unit 5 Auditing Basic Auditing Principles / European and US system / Harmonization Unit 6 Ethics Accounting Ethics / Ethical Reporting Principles / Sarbanes-Oxley Unit 7 Fraud Corporate Fraud / Changes in Accounting Law / Forensic Accounting Unit 8 Banking Financial Reporting of Central Banks / Banking Supervision / The Credit Crunch Unit 9 Insurance Key Insurance terms / Principles of Insurance Accounting / Regulatory Framework of Insurance Unit 10 Bankruptcy Language of Bankruptcy / The Role of Insolvency Practitioners / Debt