· 30 lists · 1067 words

Figures and accounts

What a business has to account for.

What holds these lists together

These lists come at one question from several directions: what is there, how much of it belongs to the tax authorities, and in what legal form the whole thing exists at all. Their words either never occur in everyday speech or mean something else there. L’assiette is the tax base, not a plate; la franchise on an insurance policy is the excess, not a franchise; le point mort is the break-even point, and only in a car is it neutral. Read them in their everyday sense and you understand every sentence and none of the figures. What links them is not a subject but a demand for exactness.

The 30 lists

C1Bookkeeping and the balance sheetAssets, liabilities, the journal entry, the year end — how a French set of annual accounts is read.46 words C1Tax and dutiesThe return, the taxable base, the payment on account and the tax audit — in French.45 words C1Setting up and self-employmentLegal form, articles, companies register, liability — the road from an idea to a registered company.46 words B1University and examsThe seminar, the deadline, the mark.35 words B1Environment and climateEmissions, waste, the sea level.43 words B2Business and financeFrom turnover to invoice — the words that mean money once you are sitting in an office.39 words B2Debt and debt adviceReminders, deadlines and advice — when the money runs short.37 words C1EconomicsWhat turns up in the economics pages and how it hangs together.47 words C1The statutory auditSample, evidence, opinion — and the limits of the engagement.40 words C1Providing for old ageWhat someone lives on once the salary stops.34 words C1Your account, and moving it to another bankWhat an account costs, and how to move it somewhere else without losing anything on the way.34 words C1Credit and interestWhat borrowed money costs, what it secures and what it asks of the borrower.44 words C2Banking supervisionWho keeps an eye on the banks, and with what.35 words C2MicrofinanceSmall loans to people with nothing to pledge.29 words C2Financial reportingRecognition, measurement, presentation — one situation, two sets of figures.41 words C2LeasingUsing without owning — and the question of who owns it then.28 words C2Property valuationWhat a plot of land is worth, and how that is argued.27 words C2Customs Tariff and OriginWhere goods come from, and what that makes them cost.29 words C2ComplianceKeeping the rules, and being able to show that you did.22 words C2Mining law and raw materialsWho owns what lies beneath the land.24 words C1Insurance and the claimFrom the excess to the right of recourse.53 words C2EconometricsEstimation, bias, identification — an effect drawn from data nobody set up.42 words C2Payment systemsHow money actually travels from one account to another.30 words C2The stock market and securitiesQuotation, spread, settlement — and what a ratio actually says.40 words C2Business valuationA single figure at the end, and nothing but assumptions underneath it.32 words C2Foundations and the public goodMoney that belongs to a purpose rather than to a person.24 words C2Monetary policyThe policy rate, the balance sheet, expectations — and which of the three really does the work.40 words C2ReinsuranceWho carries the loss in the end, and over how many steps.29 words C2Energy law and the gridWho feeds in, who carries it through and who writes the bill.29 words C2Co-operativesA business owned by the people who use it.23 words

Spread across the levels

The category runs across the levels — it is an area, not a difficulty. If you practise it, you can also choose a level at the top of the practice page and then get only the part that sits there.

Level	Words	Share
B1	78	7 %
B2	76	7 %
C1	389	36 %
C2	524	49 %

Practise this category

Multiple choice and gaps, across all 30 lists and all 1067 words. Whatever you get wrong comes back tomorrow.